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land is $80,000, after which it could be sold for $25,000. the reserves by 62,000 tons. In 2021, Whistler mined 134,000 tons and sold 139,000

image text in transcribed land is $80,000, after which it could be sold for $25,000. the reserves by 62,000 tons. In 2021, Whistler mined 134,000 tons and sold 139,000 tons. Whistler uses a FIFO cost flow assumption. Required: If required, round the depletion rate to the nearest cent and round the final answers to the nearest dollar

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