with solution

Determine the following How much is the cost of wasting asset? What is the amount of depletion for the year How much is the depletion in the cost of sale? How much is the depletion in the cost of ending inventory? Cost of Wasting Depletion for Letter Asset 2020 30,000,000 3,000,000 25,000,000 2,500,000 2,500,000 25,000,000 3,000,000 20,000,000 A B D Answer Cost of Sales Inventory-End 1,800,000 1,200,000 1,500,000 1,000,000 1,500,000 1,000,000 1,800,000 1,200,000