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Carras => x G & B On April 1, 2024, Montana Mining Inc. purchased a mining site for $16,000,000. The estimated service life of the site is 22 years and because of the how it is used the residual value is only $1.275,000. The company records depreciation on its mining sites using the straight-line method. When the company is done using the site, it is legally required to restore the site at an estimated cost of $2.573.000. The appropriate discount rate for the company is 6.9% Compute the amount of accretion expense recorded by Montana in 2024 (the first year). Question 22 3 pts Utah Company adopted the dollar value LIFO method beginning in 2024. In the following years, the ending inventory using FIFO and the price indexes were: 2024 2025 2026 2022 Ending inventory $105.000 $138.000 $143,000 $168.000 under FIFO Price indes LOO 1.26 1.31 What is the inventory balance that Utah would report on its year-end babince sheet for 2026 using the dollar value LIFO method