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Montana Mining Co. pays $3,904,530 for an ore deposit containing 1,600,000 tons. The company installs machinery in the mine costing $243,000, which will be abandoned

Montana Mining Co. pays $3,904,530 for an ore deposit containing 1,600,000 tons. The company installs machinery in the mine costing $243,000, which will be abandoned when the ore is completely mined. Montana mines and sells 176,400 tons of ore during the year.

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