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View Policies Current Attempt in Progress In March 2 0 2 5 , Bonita Mines Co . purchased a coal mine for $ 8 0

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View Policies
Current Attempt in Progress
In March 2025, Bonita Mines Co. purchased a coal mine for $8090000. Removable coal is estimated at 1500000 tons. Bonita is required to restore the land at an estimated cost of $900000, and the land should have a resale of value of $860000. The company incurred $2040000 of development costs preparing the mine for production. In 2025,310000 tons were removed, and 270000 tons were sold. The total amount of cost of goods sold that Bonita should record for 2025 is
$1830600.
$1668600.
$2101800.
$1915800.
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