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QuestIUI 2) Determine the depletion charges using the percentage depletion method for the first year only for a granite mine. Cost to acquire mine rights

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QuestIUI 2) Determine the depletion charges using the percentage depletion method for the first year only for a "granite" mine. Cost to acquire mine rights - $57,000; Estimated mine size - 33,500 Tons: Selling price = $96 per Ton amount sold in year 1 - 2,750 Tons perating cost in year 1 = $105,000 IV AA- IX EE 3 1 x x V G T 1: 12pt - Parag Subscript

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