West Coast Tours runs boat tours along the west coast of British Columbia. On March 5, 2020, it purchased, with cash, a cruising boat for $930,000, having a useful life of 10 years or 11,450 hours, with a residual value of $243,000. The company's year-end is December 31. Required: Calculate depreciation expense for the fiscal years 2020, 2021, and 2022 by completing a schedule. (Note: Depreciation is calculated to the nearest month. Assume actual hours of service were: 2020, 890; 2021, 1.950; 2022, 1,705.) Depreciation Mothod Double-Declining Straight-Line Balance Year Units of Production 2020 2021 2022