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Underestimating the number of tons of a mineral that can be mined over a mineral deposit s life will result in a . overstated net
Underestimating the number of tons of a mineral that can be mined over a mineral deposits life will result in
a overstated net income each year.
b overstated total assets each year
c overstated depletion expense each year.
d no effect on total assets each year.
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