Depreciation is the process of reducing the value of a fixed asset. Depreciation expense is determined by the cost of the asset, the useful life, projected salvage value and the method of depreciation used. A haul truck for a mining company, for example, may have a purchase price of $1 million.
Leeds and the Thousand Islands. (Redirected from Rockport, Ontario) Leeds and the Thousand Islands is a township in the Canadian province of Ontario, located within the United Counties of Leeds and Grenville. The township is located along the St. Lawrence River, and extends north into rural hamlets and villages.
Adjacent to the Aquatic Park is a Skate Park, picnic area and playground, and two nature trails. The facility is collectively funded by the City of Rockport, Town of Fulton and Aransas County. It is managed by the City of Rockport. For more information and hours of operation, please call 361-729-9989. The Skate Park, which is adjacent to the Aquatic Park, bosts a 6,000-square-foot modular facility. One must be 10 years of age or older to utilize the park.