Marigold Corp. acquires a coal mine at a cost of $1790000. Intangible development costs total $358000. After extraction has occurred, Marigold must restore the property (estimated fair value of the obligation is $188000), after which it can be sold for $216000. Marigold Imates that 7000 tons of coal can be extracted. What is the amount of depletion per ton? $303 $256 $268 $334 Current Attempt in Progress On January 1, 2017, Oriole Company purchased a new machine for $4220000. The new machine has an estimated useful life of nine years and the salvage value was estimated to be $152000. Depreciation was computed using the sum-of-the-years-digits method. What amount should be shown in Orlole's balance sheet at December 31, 2018, net of accumulated depreciation for this machine? $2683200 $2626531 $2501700 $3406400