Q7-(8 Marks: c1:8): ABC Mining Corporation purchased land on April 1, 2021, at a cost of BD1,000,000. It estimated that a total of 40,000 tons of mineral was available for mining. After it has removed all the mineral resources, the company will be required to restore the property to its previous state because of strict environmental protection laws. It estimates the fair value of this restoration obligation at BD60,000. It believes it will be able to sell the property afterwards for BD80,000. It incurred developmental costs of BD170,000 before it was able to do any mining. In 2021, resources removed totalled 26,500 tons. The company sold 20,000 tons. Required: Based on your critical analysis compute the following information for 2021. a. Per unit mineral cost.. b. Total material cost of December 31, 2021, inventory. c. Total materials cost in cost of goods sold at December 31, 2021. (4 Marks) (2 Marks) (2 Marks)