Question: Question 22 6.66 pts On March 1, 2018 Big Mining Company purchase mineral rights to a granite deposit for $2,000,000. They estimate that recoverable granite

Question 22 6.66 pts On March 1, 2018 Big Mining Company purchase mineral rights to a granite deposit for $2,000,000. They estimate that recoverable granite will be 1,000,000 tons. During 2018 100,000 tons of granite was extracted and 40,000 tons were sold. The amount of depletion expense recognized in 2018 would be: $40,000 $800,000 $200,000 $160,000

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