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O'Keith Company purchased a mine on January 1, 2024, for $526,000. The mine is estimated to contain 33,000 tons of iron ore. There is no

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O'Keith Company purchased a mine on January 1, 2024, for $526,000. The mine is estimated to contain 33,000 tons of iron ore. There is no residual value. The business extracted and sold 14,500 tons of ore in 2024 and 9,800 tons of ore in 2025. What is the book value of the mine at the end of 2025? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A. $460,000 B. $368,200 C. $138,658 D. $526,000 O

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