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22-06-2020
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Company purchased a tract of land for $4,500,000 in anticipation of extracting 1,425,000 tons of ore. The residual value of the land is expected to be $480,000. The company mines 125,000 tons of ore in the first yearWhat is the unit depletion rate? (Round to the nearest $0.01.)a $3.16 b. $3.00 c. $3.50 d. $2.82

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josh2901 josh2901

22-06-2020

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