Question: Current Attempt in Progress -/11 In March 2022, Maley Mines Co. purchased a coal mine for 6.000.000. Removable coal is estimated at 1,500,000 tons.

Current Attempt in Progress -/11 In March 2022, Maley Mines Co. purchased

Current Attempt in Progress -/11 In March 2022, Maley Mines Co. purchased a coal mine for 6.000.000. Removable coal is estimated at 1,500,000 tons. May required to restore the land at an estimated cost of 720,000, and the land should have a value of 6630,000. The company incred 1,500,000 of development costs preparing the mine for production. During 2022, 450.000 tons were removed and 300.000 were sold. The total amount of depletion that Maley should record for 2022 is O 1,374,000. O 1.518,000. O 2,061,000. O 2,277,000. eTextbook and Media Save for Later Attempts: 0 of 3 used

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