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View Policies Current Attempt in Progress In 2025, Ivanhoe Corporation acquired a mineral mine for $3700000 of which $395000 was ascribed to the value of
View Policies Current Attempt in Progress In 2025, Ivanhoe Corporation acquired a mineral mine for $3700000 of which $395000 was ascribed to the value of the land after the minerals have been removed. Geological surveys have indicated that 10 million units of the mineral could be extracted. During 2025, 1520000 units were extracted, and 1300000 units were sold. What amount of depletion recorded for 2025? $481000 O $562400 O $395000 O $502360
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