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5. Swan Company purchased a coal mine on January 1, Year 1 for $20,000,000. 640,000 tons of coal are expected to be extracted from the

5. Swan Company purchased a coal mine on January 1, Year 1 for $20,000,000. 640,000 tons of coal are expected to be extracted from the mine. In Year 1, 90,000 tons are mined. What is the depletion expense for Year 1

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