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A. What is the depletion rate per yard of sand? B. What is the book value of the sand mine at December 31, 2016? C.

A. What is the depletion rate per yard of sand?
B. What is the book value of the sand mine at December 31, 2016?
C. What is the book value of the sand mine at December 31, 2017? image text in transcribed
(2) Brenner Co. purchased a sand mine for $1,000,000 on January 1, 2016. The mine has 500,000 cubic yards of sand. Brenner excavated 150,000 cubic yards of sand in 2016 and 200,000 cubic yards of sand in 2017. Required (show calculations) A. What is the depletion rate per yard of sand? B. what is the book value of the sand mine at December 31, 2016? hat is the book value of the sand mine at December 31, 2017

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