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Natural Resources and Depletion

8. Long Lived Assets / Natural Resources and Depletion / 문제 2

문제 2

If a company extracts 5,000 tons from a mineral deposit with a cost per ton of \$4, what is the depletion expense for the period?

A

\$20,000

B

\$15,000

C

\$25,000

D

\$10,000