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7 10 points. Sands Company purchased mining rights for $500,000. They expect to harvest 1 million tons of ore over the next five years. During

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7 10 points. Sands Company purchased mining rights for $500,000. They expect to harvest 1 million tons of ore over the next five years. During the current year, Sands mined 350.000 tons of ore. Record the depletion in the current year in a journal entry

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