Question: Can someone help me out and see why this is still incomplete? Year 1 and 2 is neither IA, FA, or OA so i know



Can someone help me out and see why this is still incomplete? Year 1 and 2 is neither IA, FA, or OA so i know its not that.
Colorado Mining paid $552,000 to acquire a mine with 46,000 tons of coal reserves. The following statements model reflects Colorado Mining's financial condition just prior to purchasing the coal reserves. The company extracted 24,150 tons of coal in year 1 and 20,700 tons in year 2 Required a. Compute the depletion charge per unit. b-1. Compute the depletion expense for years 1 and 2 in a financial statements. b-2. Record the acquisition of the coal reserves and the depletion expense for years 1 and 2 in a financial statements model. The first event is recorded as an example Req A Req B1 Req B2 Record the acquisition of the coal reserves and the depletion expense for years 1 and 2 in a financial statements model. The first event is recordec the Cash Flow column, use OA to designate operating activity, IA for investment activity, or FA for financing activity. If the element is not affecte the cell blank. Enter any decreases to account balances and cash outflows with a minus sign. Round final answers to the nearest whole dollar amo COLORADO MINING Statements Model Balance Sheet Income Statement Assets Stockholders' Equity Net Income Liabilities+ RevenueExpenses Coal Reserves Common Stock Retained Earnings Cash 741,600+ 741,600+ (552,000) Depletion for Year1 552,000 (289,800) (289,800) 289,800 0(289,800) Depletion for Year 2 (248,400) (248,400) 248,400 = (248,400) Req B2 of the coal reserves and the depletion expense for years 1 and 2 in a financial statements model. The first event is recorded as an example. (In use OA to designate operating activity, IA for investment activity, or FA for financing activity. If the element is not affected by the event, leave y decreases to account balances and cash outflows with a minus sign. Round final answers to the nearest whole dollar amount.) Show less COLORADO MINING Statements Model Balance Sheet Income Statement Stockholders' Equity Net Income Statement of Cash Flows Liabilities + RevenueExpenses Common Stock Retained Earnings ves 41,600 + 000 IA = 300) (289,800) 289,800 (289,800) 4000 (248,400) 248,400 (248,400)
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