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ASAP please!!!!!! QUESTION 17 Use the following information for questions 17-18 Tall Tree logging company purchased a 200 acre tract of timber for $1,200,000 in
ASAP please!!!!!! QUESTION 17 Use the following information for questions 17-18 Tall Tree logging company purchased a 200 acre tract of timber for $1,200,000 in 2019 which was expected to contain 500,000 trees. The tract will have a residual value of $200,000 after all the trees have been cut down. In 2019 the company cut 50,000 trees and in 2020 they cut 100.000 trees. What was the depletion expense for 2019? $400,000 $300,000 $200.000 5100,000 QUESTION 18 What was the depletion expense in 2020 $400,000 $300,000 $200,000 $100,000
ASAP please!!!!!!
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