According to the wage-price spiral, if a company gives a worker a raise in pay, then they increase the price of their products.

True

False

2-Balcom Corporation acquires a coal mine at a cost of $500,000. Intangible development costs total $120,000. After extraction has occurred, Balcom must restore the property (estimated fair value of the obligation is $60,000), after which it can be sold for $170,000. Balcom estimates that 5,000 tons of coal can be extracted. What is the amount of depletion per ton?