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question about number 8 Blossom Company owns 9,000 acres of timberland purchased in 2009 at a cost of $1,722 per acre. At the time
question about number 8 \
Blossom Company owns 9,000 acres of timberland purchased in 2009 at a cost of $1,722 per acre. At the time of purchase, the land without the timber was valued at $492 per acre. In 2010, Blossom built fire lanes and roads, with a life of 30 years, at a cost of $103,320. Every year, Blossom sprays to prevent disease at a cost of $3,690 per year and spends $8,610 to maintain the fire lanes and roads. During 2011, Blossom selectively logged and sold 861,000 board feet of timber, of the estimated 4,305,000 board feet. In 2012 , Blossom planted new seedlings to replace the trees cut at a cost of $123,000. (a) Determine the depreciation expense and the cost of timber sold related to depletion for 2011. (Round the final answers to 0 decimal places, e.g. 5,125.) Depreciation expense $ Cost of timber sold $
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