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Viev Policies Show Atternet Hatory Current Attemet in Precrest Bonita Timber Compary owns 9,000 acres of timberland purchased in 2014 at a cost of 51,526
Viev Policies Show Atternet Hatory Current Attemet in Precrest Bonita Timber Compary owns 9,000 acres of timberland purchased in 2014 at a cost of 51,526 per acre. At the time of purchase, the land without the timber was valued at $436 per acre. In 2015 , Bonita built fre lanes and reads, with a life of 30 rears at a cost of $91,560. Every year, Donita sprays to prevent dineane at a cost of $3.270 per year and spends $7.630 to maintain the fre lanes and reads. Durine 2016. Borita selectively loceced and sold 763.000 board feet of timber, of the estimated 3.815 .000 board feet. In 2017 . Borita planted new seedines to replace the tress cut at a cost of $109,000. (a) Your answer is correct. Determine the decreciution expense and the cost of timber vold related to depletion for 2016. Deprecistion exsense 3 Cont of timber sold s eTextbook and Media Atsemots: unlimited (b) X Vour amwer in hoorect Cou of thinter sold 5 eTextbook and Media Atrenots unlimited
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