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A company incurred costs of $ 1 6 . 2 million for the rights to extract resources from a natural gas deposit. The company expects
A company incurred costs of $ million for the rights to extract resources from a natural gas deposit. The company expects to extract million cubic feet of natural gas during a sixyear period. Natural gas extracted during years and were and cubic feet, respectively. What was total depletion for year and year assuming the company uses the unitsofproduction method?
Note: Do not round intermediate calculations.
Multiple Choice
$ million
$ million
$ million
$ million
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