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Need done ASAP will tip on venmo Agsume the comperty paid $540,000 for addulional geclegicsl beets of the property and 3500,000 lo prepere for uriling.

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Agsume the comperty paid $540,000 for addulional geclegicsl beets of the property and 3500,000 lo prepere for uriling. During the first ye8r, Lynch removed sond 80ld T0,000 berreis of cil. Record the depletion axpense for the first year. (Assume no residusl value. Reund interim calculations to the nearest cert and your final answers ia the nearest whole dellar.i

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