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Computing and Recording Depletion Expense (FSET) Production in the first and second year was 75,000 tons and 106,250 tons, respectively. a. Compute the depletion charge
Computing and Recording Depletion Expense (FSET) Production in the first and second year was 75,000 tons and 106,250 tons, respectively. a. Compute the depletion charge for the first and second year. Round answers to nearest whole dollar amount. First year $ Second year \$ b. Using the financial statement effects template, report each year's depletion as determined in part a. If the transaction affects more than one account in a single Computing and Recording Depletion Expense (FSET) Production in the first and second year was 75,000 tons and 106,250 tons, respectively. a. Compute the depletion charge for the first and second year. Round answers to nearest whole dollar amount. First year $ Second year \$ b. Using the financial statement effects template, report each year's depletion as determined in part a. If the transaction affects more than one account in a single
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