PRINTER VERSION Exercise 11-23 At the beginning of 2017, Splish Company acquired a mine for $2,507,200. Of this amount, $119,000 was ascribed to the land value and the remaining portion to the minerals in the mine. Surveys conducted by geologists have indicated that approximately 11,470,000 units of ore appear to be in the mine. Splish incurred $202,300 of development costs associated with this mine prior to any extraction of minerals. It also determined that the fair value of its obligetion to prepare the land for an alternative use when all of the mineral has been removed was $47,600. During 2017, 2,273,000 units of ore were extracted and 2,249,000 of these units were sold. Compute the following The total amount of depletion for 2017. (Round per unit answer to 2 decimal places, e.g. 0.45 for computational purpose and final answer to O decmal places, ag 45,892.) Depletion for 2017 LENK TO TE The amount that is charged as an expense for 201 answer to O decimal places, e.g. 45,892.) Amount that is charged as an expense for 2017 Click if you would like to Show Work for this questioni Osen Show Work