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Question 12 Not yet answered On 1/7/2015 Rojas Company purchased for $560,000 a mine estimated to contain 2 million tons of ore the company paid
Question 12 Not yet answered On 1/7/2015 Rojas Company purchased for $560,000 a mine estimated to contain 2 million tons of ore the company paid for drilling 20,000$ and it expects to pay 20,000 as restoration cost during 2015 the company extracted 500,000 tons and sold 200,000. the book value of the mine at the end of 2015 will be: Marked out of 1.00 Flag question Select one: a. 540,000 b. 150,000 c. 60,000 d. 450,000 Question 13 Fences and parking lots are reported on the statement of financial position as Not yet answered Marked out of 1.00 Select one: a. current assets. b. land. o C. land improvements. O d. property and equipment. Flag
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