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9 Clark Oil and Gas incurred costs of $16.2 million for the rights to extract resources from a natural gas deposit. The company expects to
9 Clark Oil and Gas incurred costs of $16.2 million for the rights to extract resources from a natural gas deposit. The company expects to extract 8.1 million cubic feet of natural gas during a six-year period. Natural gas extracted during years 1 and 2 were 810,000 and 1,610,000 cubic feet, respectively. What was total depletion for year 1 and year 2, assuming the company uses the units-of-production method? 2.5 points Multiple Choice X 02:30:46 Skipped $8.10 million $4.84 million. $5.40 million O $3.22 million
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