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The Weber Company purchased a mining site for $638,303 on July 1 . The company expects to mine ore for the next 10 years and

The Weber Company purchased a mining site for $638,303 on July 1 . The company expects to mine ore for the next 10 years and anticipates that a total of 96,688 tons will be recovered. During the first year the company extracted 6,431 tons of ore. The depletion expense is a. $42,444.60 b. 558,308.00 c. $38,782,35 d. 555,223.00

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