Company had total depletable capitalized costs that the mine contained 810,000 tons of recoverable ore when production began During 2019,40,500 tons were mined, and 230,850 tons were mined in 2020 2-a. In 2019, 40,500 tons of taxpayer may deduct either cost or depletion is limited to the amount of net income from the property)What in 20192 for tax purposes in 2019, assuming that capitalized mineral costs are the would be the amount of 2-b. What would be the amount of cost 2-c. What will be the amount of depletion based on cost that the company could deduct on its tax return in 2020 if it deducts 2-d. Suppose that in the first three years of the mine's life, the company took percentage depletion totaling $560,000. In the fifth year of the mine's ife, production proceeds were $4,200000 How much percentage depletion could the company deduct in the fith ?Prey 10of10?Next