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Oriole Company acquires a coal mine at a cost of $1800000. Intangible development costs total $359000. After extraction has occurred, Oriole must restore the property

Oriole Company acquires a coal mine at a cost of $1800000. Intangible development costs total $359000. After extraction has occurred, Oriole must restore the property (estimated fair value of the obligation is $177000), after which it can be sold for $210000. Oriole estimates that 7000 tons of coal can be extracted. What is the amount of depletion per ton?

A. $257

B. $304

C. $269

D. $334

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