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Jebali Company reports gross income of $877,200 and other property-related expenses of $570,180 and uses a depletion rate of 16%. Calculate Jebalis depletion allowance for

Jebali Company reports gross income of $877,200 and other property-related expenses of $570,180 and uses a depletion rate of 16%.

Calculate Jebalis depletion allowance for the current year. $

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