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West Coast Tours runs boat tours along the west coast of British Columbla. On March 5,2023 , it purchered, with cash, a crulsing boat for
West Coast Tours runs boat tours along the west coast of British Columbla. On March 5,2023 , it purchered, with cash, a crulsing boat for $924,000, having a useful life of 10 years or 15,200 hours, with a residual value of $240,000. The cond 31. Required: Calculate depreclation expense for the fiscal years 2023, 2024, and 2025 by completing a schedule. (Note: Depreclation is calculated to the nearest month. Assume actual hours of service were: 2023,880;2024,1,940;2025,1,695.)
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