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Return to question O A&Z incurred $497,500 of capitalized costs to develop a uranium mine. The corporation's geologists estimated that the mine would produce 995,000

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Return to question O A&Z incurred $497,500 of capitalized costs to develop a uranium mine. The corporation's geologists estimated that the mine would produce 995,000 tons of ore. During the year, 199,000 tons were extracted and sold. A&Z's gross revenues from the sales totaled $636,800, and its operating expenses for the mine were $191,040. -.84 oints 8 Required: Calculate A&Z's depletion deduction. Answer is complete but not entirely correct. Depletion deduction $ 127,360

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