Only b and C

Colorado Mining paid $600,000 to accuire a mine with 40.000 tons of coal reserves. The horizontal statements model reflects Colorado Mining's financial condition just prior to purchasing the coal reserves. The company extracted 15,000 tons of coal in Year 1 and 18,000 tons in Year 2. Required a. Compute the depletion charge per unit. b. Record the acquisition of the coal reserves and the depletion expense for years 1 and 2 in a financial statements model like the preceding one. c. Prepare the general journal entries to record the depletion expense for years 1 and 2 . Dynamo Manufacturing paid cash to acquire the assets of an existing comperiy. Among the assets acquired were the following items. Dyramo's financial condition just prior to the acquisition of these ansets is shown in the followinu atatemante maital. a. Compute the annual amontization expense for these items, b. Show the acquisition of the intangible assets and the related amortization expense for Year 1 in a horizontal statements model. c. Prepare the journal entries to record the acquisition of the intangible sissets and the related amortization for year 1