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bravata bravata
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7 years ago
Aspen Ore purchased a vein of coal ore for $5,250,000. It is estimated that 30,000,000 tons of ore are available to be extracted. The estimated depletion expense for this year's extraction of 2,750,000 tons of ore (rounded to the nearest dollar) is:
A) $525,000.
B) $504,167.
C) $481,250.
D) $458,333.
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Financial Accounting

Financial Accounting


Edition: 3rd
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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