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d) se A company paid $9,500,000 for the mineral rights (mine acquisition) of a proven coal reserve with 36 million recoverable tons. The company plans

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d) se A company paid $9,500,000 for the mineral rights (mine acquisition) of a proven coal reserve with 36 million recoverable tons. The company plans to mine 2.5 million tons in year 1 and 5 million tons in year 2 followed by 7 million in year 3. The allowable percentage depletion is higher than cost depletion so the actual depletion taken are S S D for year 1 and S EED for year 2. Calculate the cost depletion for the three years. (14 pts) boord and

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