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(10 points) You purchased a Silver mine for $50,000,000 and expect to remove a total of 50,000 tons of Silver. What is the Cost Depletion

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(10 points) You purchased a Silver mine for $50,000,000 and expect to remove a total of 50,000 tons of Silver. What is the Cost Depletion charge this year if you mined 8.000 tons of Silver. (you must show your work to get credit)

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