Prusko said the small est boats at the event are 16 to 18 feet in length and the largest boats are around 21 feet in length. John said that one of the oldest boats, dating back to 1931, is owned by Bill Burgess. The boats will be set up and practice heats open to the public will take place Friday afternoon.
1 An asset is considered to be placed in service when it is first put into a condition or state of readiness and availability for a specifically assigned function. 2  Depreciation Date â the date used to begin calculating depreciation. 3  This is usually the same as the Service Date, but can be different.
Active duty also applies to a person who is a cadet attending one of the five United States Military Service Academies. Active duty applies to service in the military Reserves or National Guard only if the person has been called up for active duty, mobilized, or deployed. Service as a civilian employee or civilian volunteer for the Red Cross, USO, Public Health Service, or War or Defense Department are not considered active duty. For Merchant Marine service, only service during World War II is considered active duty, and no other period of service.