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natural C) On March 22, 2017 Plaza Company acquired a coal mine for $90_million. The mine estimated to have a total of 40 million tons

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natural C) On March 22, 2017 Plaza Company acquired a coal mine for $90_million. The mine estimated to have a total of 40 million tons of coal and no residual value. The company extracted and sold the following: zero 9 million tons in 2017 14 million tons in 2018 10 million tons in 2019 7 million tons in 2020 natural C) On March 22, 2017 Plaza Company acquired a coal mine for $90_million. The mine estimated to have a total of 40 million tons of coal and no residual value. The company extracted and sold the following: zero 9 million tons in 2017 14 million tons in 2018 10 million tons in 2019 7 million tons in 2020 The company uses the units of activity to calculate depletion INSTRUCTIONS D) Journalize the adjusting entry at December 31, 2017 (show your calculation). 2,250,oou

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