please help Q.18

Problem: Module 2 Textbook Problem 18 Learning Objective: 2-15 Show how expense recognition for natural resources (depletion) affects financial statements Colorado Mining paid $588,000 to acquire a mine with 42,000 tons of coal reserves. The financial statements model shown on the last tab reflects Colorado Mining's financial condition just prior to purchasing the coal reserves. The company extracted 22,050 tons of coal in year 1 and 18,900 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 stotements model. Complete this question by entering your answers in the tabs below. Compute the depletion charge per unit. b. 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. Complete this question by entering your answers in the tabs below. Record the acquisition of the coal reserves and the depletion expense for years 1 and 2 in a financial statements model. (In the Cash Flow column, use OA to designate operabing actuvity, UA for investment activity, or EA for financing activity, tf the element is not affected by the event, leave the cell blank. Enter any decreases to bccount batances and cash outhlows with a minus sign, Round final answers to the nearest whole dollar amount. Not all cells will require entry.) Problem: Module 2 Textbook Problem 18 Learning Objective: 2-15 Show how expense recognition for natural resources (depletion) affects financial statements Colorado Mining paid $588,000 to acquire a mine with 42,000 tons of coal reserves. The financial statements model shown on the last tab reflects Colorado Mining's financial condition just prior to purchasing the coal reserves. The company extracted 22,050 tons of coal in year 1 and 18,900 tons in year 2 . Required o. 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. Complete this question by entering your answers in the tabs below. Compute the depletion expense for years 1 and 2 in a financial statements