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During 2 0 2 0 , Logan Corporation acquired a mineral mine for $ 4 , 0 0 0 , 0 0 0 of which
During Logan Corporation acquired a mineral mine for $ of which $ was ascribed to land value after the mineral has been removed. Geological surveys have indicated that million units of the mineral could be extracted. During units were extracted and units were sold. What is the amount of depletion expensed for
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