Weber Company purchased a mining site for $677,944 on July 1. The company expects to mine ore for the next 10 years and anticipates that a total of 90,149 tons will be recovered. The estimated residual value of the property is $53,342. During the first year, the company extracted 4,878 tons of ore. The depletion expense is O a. $36,683.83 O b. $62,460.20 O c. $33,797.47 Od. $53,342.00 ?

Weber Compony purchased a mining site for $677,944 on July 1. The company expects to mine ore for the next 10 years and antiopates that a total of 90,149 tons will 2. 536403 1. 5624+020 c 330907 a. 553,74200