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In 2021, Copper King, Inc. paid $4,125,000 for land with an estimated 400,000 tons of copper. Copper King plans to sell the land for $125,000
In 2021, Copper King, Inc. paid $4,125,000 for land with an estimated 400,000 tons of copper. Copper King plans to sell the land for $125,000 when all of the copper has been extracted. In 2021, 80,000 tons of ore were mined and sold. What is depletion for the year? O A $825,000 B. $800,000 OC $850,000 OD $4,000,000
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