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ABC company acquired the natural resource for $ 4,000,000. The estimated recoverable units from the natural resource at that time of purchase were 400,000 units.

ABC company acquired the natural resource for $ 4,000,000. The estimated recoverable units from the natural resource at that time of purchase were 400,000 units. Assumed. 40,000 units of the natural resource.

What was the depletion rate per unit?

What was the depletion expense for 2017?

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