Business
Business, 14.04.2020 18:12, Arealbot

Shale Miner Co. acquired mineral rights for $60,000,000. It is estimated that there are 80,000 tons of the resource, and during the current year 10,750 tons were mined and sold. What is the amount of depletion for the current year?
a. $60,000,000 and 10,750 tons.
b. $500 per ton.
c. $60,000,000, 10,750 tons, and 80,000 tons.
d. $60,000,000 and 80,000 tons.

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Answers: 2

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Shale Miner Co. acquired mineral rights for $60,000,000. It is estimated that there are 80,000 tons...

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