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At the beginning of 2023, Oriole Compamy, a small private company, acquired a mine for 51.765 . 000 Or this amount, 5120000 was allocated to

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At the beginning of 2023, Oriole Compamy, a small private company, acquired a mine for 51.765 . 000 Or this amount, 5120000 was allocated to the land value and the remaining portion to theminerals in the mine. Survers conducted try geelagists found that approximately 19 million units of are appear to be in the mine. Oriole had $190,000 of development costs for this mine before amy extraction of mineraks. It also determined that the fair value of its obligation to prepare the land for an atternatioe isie when avi af the minerals have been removed was 565.000 . Durine 2023.2 .6 miltian units of ore were eatractud arsd 1.90 miflan of these units were sold. the ampunts that datst entry befor condl entry) List of N cecunts Artemine o af sused (c)

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