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Hi can you solve this question please West Coast Tours runs boat tours along the West...
West Coast Tours runs boat tours along the West Coast of British Columbia. On March 5, 2020, it purchased, with cash, a cruising for $870,000, having a useful life of 10 years or 18,250 hours, with a residual value of $213,000. The company's year-end is Decem 31. Required: Calculate depreciation expense for the fiscal years 2020, 2021, and 2022 by completing a schedule. (Note: Depreciation is calculat using half year convention. Assume actual hours of service were: 2020, 790; 2021,...
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 $948,000, having a useful life of 10 years or 13,920 hours, with a residual value of $252,000. The company's year-end is December 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, 920; 2021,...
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 $840,000, having a useful life of 10 years or 21,400 hours, with a residual value of $198,000. 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, 740;...
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 $942,000, having a useful life of 10 years or 13,860 hours, with a residual value of $249,000. 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, 910;...
Problem 9-5A Calculating depreciation-partial periods LO2, 3 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 $846,000, having a useful life of 10 years or 12,900 hours, with a residual value of $201.000. The company's year-end is December 31. Skipped Required: Calculate depreciation expense for the fiscal years 2020, 2021, and 2022 by completing a schedule. (Note: Depreciation is calculated to the nearest month....
Problem 9-5A Calculating depreciation—partial periods LO2, 3 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 $936,000, having a useful life of 10 years or 13,800 hours, with a residual value of $246,000. 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...
West Coast Tours runs boat tours along the west coast of British Columbia. On March 5, 2017, it purchased, with cash, a cruising boat for $894,000, having a useful life of 10 years or 16,725 hours with a residual value of $225,000. The company’s year-end is December 31. Required: Calculate depreciation expense for the fiscal years 2017, 2018, and 2019 by completing a schedule. (Note: Depreciation is calculated to the nearest month. Assume actual hours of service were: 2017, 830;...
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Problem 9-4A Calculating depreclation-partial periods L02,3 eXcel CHECK FIGURES: DDB 2019 $110,400 West Coast Tours runs boat tours along the West Coast of British Columbia. On March 5, 2017, it pur chased, with cash, a cruising boat for $828,000, having a useful life of 10 years or 13,250 hours, with a residual value of $192,000. The company's year-end is December 31. Requlred Calculate depreciation expense for the fiscal years 2017,2018, and 2019...
I would only need help with problem 9-5A!! Thank you
again!:)
roblem s-A calculating depreciation-partial perlods LO2,3 eXcel CHECK FIGURES: DDB 2014 $110,400 West Coast Tours runs boat tours along the West Coast of British Columbia. On March 5, 2017, it pur- chased, with cash, a cruising boat for $828,000, having a useful life of 10 years or 13,250 hours, witha residual value of $192,000. The company's year-end is December 31. 652 by completing a sched- ation expense for the...
Please show work! Thank you
Question 3 --/2 View Policies Current Attempt in Progress Wildhorse Company purchased equipment for $266,000 on October 1, 2020. It is estimated that the equipment will have a useful life of 8 years and a salvage value of $14,000. Estimated production is 40,000 units and estimated working hours are 20,000. During 2020, Wildhorse uses the equipment for 530 hours and the equipment produces 1,100 units. Compute depreciation expense under each of the following methods. Wildhorse...