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Exercise 8-28 (Algorithmic) (LO. 8) Jeball Company reports gross income of $666,600 and other property-related expenses of $433,290 and uses a depletion rate of 19%

Exercise 8-28 (Algorithmic) (LO. 8) Jeball Company reports gross income of $666,600 and other property-related expenses of $433,290 and uses a depletion rate of 19% Calculate Jeball's depletion allowance for the current year

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