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On April 23, 2018, Trevo s Min ng entered into an ogreement with the state of Californioto obtain the rights to operate minerel mine in

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On April 23, 2018, Trevo s Min ng entered into an ogreement with the state of Californioto obtain the rights to operate minerel mine in Califo ie for $12 million Additional costs and purchases included the following: Preparation of site for excavation Mining equipnent Construction of various structures on site $4,880,80e 366,800 240,8e0 After the minerals are removed from the mine, the equipment will be sold for an estimated residual value of $60,000. The structures will be torn down. The mine is expected to produce 1,400,000 tons of ore. After the ore is removed, the land will revert back to the state of Colifornis. During 2018, Trevors extrected 210,000 tons of ore from the mine. What total amount would be charged to depletion of the mine and depreciation of the mining equipment and structures for 2018, assuming that Trevors uses the units-of-production method for both depletion and depreciation? (Round your final calculations to the nearest whole thousand dollars.) Multple Choice $2610,000. $2565,000 52520,000. $2501000

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