on Expert a. Determine the to b. If Forda depreciates the logging roads on the mi h tree cut, how should Fordat a Forda treat the for 2020. c. If Forda plants five seedlings at a cost of $4 per seedling for each tree cut. reforestation? E11.22 (LO 4) (Depletion Computations-Mining) Alcide Mining Com February 1, 2020, at a cost of $1,190,000. It estimated that a total of 60,000 tons o for mining. After it has removed all the natural resources, the company will be requ property to its previous state because of strict environmental protection laws. It estimate this restoration obligation at $90,000. It believes it will be able to sell the property afterwarde fa It incurred developmental costs of $200,000 before it was able to do any mining. In 2020. moved totaled 30,000 tons. The company sold 22,000 tons. Instructions Mining Company purchased lan 00 tons of mineral was available 11 be required to restore the rs. It estimates the fair value of afterwards for $100.000 In 2020, resources T- Compute the following information for 2020. bol a. Per unit material cost. b. Total material cost of December 31, 2020, inventory c. Total material cost in cost of goods sold at December 31, 2020. At the beginning of 2020, Aristo E11.23 (LO4) (Depletion Computations-Minerals) pany acquired a mine for $970,000. Of this amount, $100.000 was ascribed to the lan remaining portion to the minerals in the mine. Surveys conducted by geologists have proximately 12,000,000 units of ore appear to be in the mine. Aristotle incurred $170. costs associated with this mine prior to any extraction - of its obligation to prepare the la RANA eginning of 2020, Aristotle Com- cribed to the land value and the geologists have indicated that ap mune. Aristotle incurred $170.000 of developed