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West Coast Tours runs boat tours along the West Coast of British Columbia. On March...

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Accounting

West Coast Tours runs boat tours along the West Coast of British Columbia. On March 5,2023, it purchased, with cash, a cruising boat for $888,000, having a useful life of 10 years or 16,650 hours, with a residual value of $222,000. The company's year-end is December 31.
Required:
Calculate depreciation expense for the fiscal years 2023,2024, and 2025 by completing a schedule. (Note: Depreciation is calculated using half year convention. Assume actual hours of service were: 2023,820;2024,1,880;2025,1,635.)
\table[[Depreciation Method],[Year,Straight-Line,\table[[Double-Declining],[Balance]],\table[[Units-of-],[Production]]],[2023,,,],[2024,,,],[2025,,,]]
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