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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
Spring Creek Mines purchased a vein of mineral ore for $3,250,000. It is estimated that 15,000,000 tons of ore are available to be extracted. The estimated depletion expense for this year's extraction of 1,760,000 tons of ore (rounded to the nearest dollar) is:
A) $428,267.
B) $400,000.
C) $334,400.
D) $381,333.
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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bravata Author
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#2
7 years ago
Thank you so much

I wish I knew about this years ago
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