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Novak Corp. purchased for $5,829,200a mine that is estimated to have44,840,000tons of ore and no salvage value. In the first year,7,080,000tons of ore are extracted.

Novak Corp. purchased for $5,829,200a mine that is estimated to have44,840,000tons of ore and no salvage value. In the first year,7,080,000tons of ore are extracted.

Calculate depletion cost per unit.(Round answer to 2 decimal places, e.g. 0.50.)

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