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Exercise 8-27 (Algorithmic) (LO, 8) On March 25, Parscale Company purchases the rights to a mineral interest for 50,766,500. At that time, the remaining tecoverable

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Exercise 8-27 (Algorithmic) (LO, 8) On March 25, Parscale Company purchases the rights to a mineral interest for 50,766,500. At that time, the remaining tecoverable units in the mineral interest are estimated to be 664,800 tons. If required, round any division to two decimal places and use in subsequent computations. Round your final answer to the nearest dollar. If 598,320 tons are mined and 99,720 tona are sold this year, caleulote Parscale's cost depletion for the year

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