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During 2020 , Fullerton Inc acquired a mineral mine for $4,000,000 of which $400,000 was ascribed to land value after the mineral has been removed.

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During 2020 , Fullerton Inc acquired a mineral mine for $4,000,000 of which $400,000 was ascribed to land value after the mineral has been removed. Geological surveys have indicated that 10 million units of the mineral could be extracted. During the year 1,500,000 units were extracted and 1,250,000 units were sold. What is the amount of depletion EXPENSED for 2020? 540,000450,000300,000400,000 During 2020 , Fullerton Inc acquired a mineral mine for $4,000,000 of which $400,000 was ascribed to land value after the mineral has been removed. Geological surveys have indicated that 10 million units of the mineral could be extracted. During the year 1,500,000 units were extracted and 1,250,000 units were sold. What is the amount of depletion EXPENSED for 2020? 540,000450,000300,000400,000

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