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Business, 12.03.2021 16:10 LuluMathLover101

Waterway Industries acquires a coal mine at a cost of $1780000. Intangible development costs total $365000. After extraction has occurred, Waterway must restore the property (estimated fair value of the obligation is $183000), after which it can be sold for $218000. Waterway estimates that 6000 tons of coal can be extracted. What is the amount of depletion per ton

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Waterway Industries acquires a coal mine at a cost of $1780000. Intangible development costs total $...
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