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Franceour Mining Co. purchased for $3,500,000 a mine that is estimated to have 35,000,000 tons of one and no salvage value. In the first year,

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Franceour Mining Co. purchased for $3,500,000 a mine that is estimated to have 35,000,000 tons of one and no salvage value. In the first year, 2500,000 tons of ore are extracted

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