West Coast Tours runs boat tours along the West Coast of British Columbia. On March it purchased, with cash, a cruising boat for $ having a useful life of years or hours, with a residual value of $ The company's yearend is December
Required:
Calculate depreciation expense for the fiscal years and by completing a schedule. Note: Depreciation is calculated using half year convention. Assume actual hours of service were: ;;
tableDepreciation MethodYearStraightLine,tableDoubleDecliningBalancetableUnitsofProduction
