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Colorado Mining paid $506,000 to acquire a mine with 46,000 tons of coal reserves. The financial statements model shown on the last tab reflects Colorado

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Colorado Mining paid $506,000 to acquire a mine with 46,000 tons of coal reserves. The financial statements model shown on the last tab reflects Colorado Mining's financial condition just prior to purchasing the coal reserves. The company extracted 24150 tons of coal in year 1 and 20.700 tons in year 2. Required Compute the depletion charge per unit. b-1. Compute the depletion expense for years 1 and 2 in a financial statements. b-2. Record the acquisition of the coal reserves and the depletion expense for years 1 and 2 in a financial statements model a. Complete this question by entering your answers in the tabs below. Req A Reg B1 Req B2 Compute the depletion charge per unit. porton Deplotion charge per unit BE Req B1 > a. Compute the depletion charge per unit. b-1. Compute the depletion expense for years 1 and 2 in a financial statements b-2. Record the acquisition of the coal reserves and the depletion expense for years 1 and 2 in a financial statements model Complete this question by entering your answers in the tabs below. Req A Regle: Req B2 Compute the depletion expense for years 1 and 2 in a financial statements, Depletion Expense Year 1 Year 2 Req B2 >

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