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Jebali Company reports gross income of $651,000 and other property-related expenses of $423,150 and uses a depletion rate of 18%. Calculate Jebali's depletion allowance for
- Jebali Company reports gross income of $651,000 and other property-related expenses of $423,150 and uses a depletion rate of 18%.
- Calculate Jebali's depletion allowance for the current year.
- $
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