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Harlan County Mining Co. acquired a coal mine on June 1st, 2013. The company paid $9,180,000 for the mine and expects to extract 3,825,000 tons

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Harlan County Mining Co. acquired a coal mine on June 1st, 2013. The company paid $9,180,000 for the mine and expects to extract 3,825,000 tons of coal from it over a six year period. The company estimated the mine will have no salvage value. The company's fiscal year ends December 31st. During 2013 Harlan County Mining Co. mined 600,000 tons of coal. Fiscal 2013 depletion expense was: 9.180,000 er 1,440,000 1.530,000 ed 892,500 Question 14 1/1 pts

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