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the land after the ore is extracted is $115,200. During the current year, Luper extracts 150,000 tons of Iron ore. Required: Compute the cost of

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the land after the ore is extracted is $115,200. During the current year, Luper extracts 150,000 tons of Iron ore. Required: Compute the cost of the natural resource and the amount of depletion taken during the year

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