Beerbo owns 7,000 acres of timberland, which was purchased in 2009 at a cost of $1,400 per acre. At the time of the purchase, the land (without the timber) was valued at $400 per acre. Beerbo estimates that it can harvest 3,500,000 total board feet of timber from the property. Each year, Beerbo pays $3,000 to spray the land in order to prevent timber-killing disease. In 2010, Beerbo built fire lanes and roads at a cost of $84,000. Each year, Beerbo pays $7,000 to maintain the fire lanes and roads. During 2011, Beerbo selectively logged 750,000 board feet of timber. If the land was valued at $400 per acre in 2009, what value per acre would Beerbo have allocated to the timber at that time? Input dollar amounts (round to nearest cent; no $ sign, commas okay) QUESTION 59 Question ID: 116 Beerbo owns 7.000 acres of timberland, which was purchased in 2009 at a cost of $1,400 per acre. At the time of the purchase, the land (without the timber) was valued at $400 per acre. Beerbo estimates that it can harvest 3,500,000 total board feet of timber from the property. Each year, Beerbo pays $3,000 to spray the land in order to prevent timber-killing disease. In 2010, Beerbo built fire lanes and roads at a cost of $84,000. Each year, Beerbo pays $7,000 to maintain the fire lanes and roads. During 2011, Beerbo selectively logged 750,000 board feet of timber. In 2009, what did Beerbo report as the total cost of the timber? Input dollar amounts (round to nearest cent; no $ sign, commas okay) QUESTION 60 Question ID: 116 Beerbo owns 7.000 acres of timberland, which was purchased in 2009 at a cost of $1,400 per acre. At the time of the purchase, the land (without the timber) was valued at $400 per acre. Beerbo estimates that it can harvest 3,500,000 total board feet of timber from the property. Each year, Beerbo pays $3,000 to spray the land in order to prevent timber-killing disease. In 2010, Beerbo built fire lanes and roads at a cost of $84,000. Each year, Beerbo pays $7,000 to maintain the fire lanes and roads. During 2011, Beerbo selectively logged 750,000 board feet of timber. What is the depletion rate of the timber (in boardf eet)? Input dollar amounts (round to nearest cent; no $ sign; commas okay)
