View Policies Current Attempt in Progress Cheyenne Company owns a 7.000-acre tract of timber purchased in 2006 at a cost of $1.417 per acre. At the time of purchase, the land was estimated to have a value of $317 per acre without the timber. Cheyenne Company has not logged this tract since it was purchased. In 2020. Cheyenne had the timber cruised. The cruise lappraiser) estimated that each acre contained 8.720 board feet of timber. In 2020. Cheyenne built 10 miles of roads at a cost of $8,400 per mile. After the roads were completed, Cheyenne longed and sold 3,815 trees containing 926.500 board feet Determine the cost of timber sold related to depletion for 2020. (Round answer to o decimal pocih ex 5,125) Cost of timber sold 5 eTextbook and Media Cheyenne depreciates the lopping roads on the basis of timber cut, determine the depreciation expense for 2020. Round answer to decimal places, s. 5.125) Depreciation expense 5 Il Cheyenne depreciates the looking roads on the basis of timber cut determine the depreciation expense for 2020. (Round answer to decimal places, es 5,125.) Depreciation expense $ e Textbook and Media If Cheyenne plants five seedlings at a cost of $4 per seedling for each tree cut how should Cheyenne treat the reforestation Cheyenne should the cost of $ e Textbook and Media