Business, 30.05.2020 17:00, rileyeddins1010

G The Weber Company purchased a mining site for $666,229.00 on July 1. The company expects to mine ore for the next 10 years and anticipates that a total of 84,249 tons will be recovered. The estimated residual value of the property is $57,474.00. During the first year the company extracted 4,244 tons of ore. What is the depletion expense for the first year?

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G The Weber Company purchased a mining site for $666,229.00 on July 1. The company expects to mine o...