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QUESTION 4 On March 31, 2021, M. Belotti purchased the right to remove gravel from an old rock quarry. The gravel is to be sold

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QUESTION 4 On March 31, 2021, M. Belotti purchased the right to remove gravel from an old rock quarry. The gravel is to be sold as roadbed for highway construction. The cost of the quarry rights was $164,000, with estimated salable rock of 20,000 tons. During 2021, Belotti loaded and sold 4,000 tons of rock and estimated that 16,000 tons remained at December 31, 2021. Belotti would record depletion in 2021 of: A. $41,000. B. $32,800. OC. $30,750. D. $24,600 E. None of the above. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers OS O P W PXOLS LLLLL MacBook Pro

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