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Brandon Corporation purchased a vein of mineral ore for $3,250,000. It is estimated that 15,000,000 tons of ore are available to be extracted. The estimation
Brandon Corporation purchased a vein of mineral ore for $3,250,000. It is estimated that 15,000,000 tons of ore are available to be extracted. The estimation depletion expense for this year's extraction of 1,760,000 tons of ore (rounded to the nearest dollar) is: $381,333. $334,400
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