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Wildhorse Timber Company owns 9 , 0 0 0 acres of timberland purchased in 2 0 1 4 at a cost of $ 1 ,
Wildhorse Timber Company owns acres of timberland purchased in at a cost of $ per acre. At the time of purchase,
the land without the timber was valued at $ per acre. In Wildhorse built fire lanes and roads, with a life of years, at a cost
of $ Every year, Wildhorse sprays to prevent disease at a cost of $ per year and spends $ to maintain the fire lanes
and roads. During Wildhorse selectively logged and sold board feet of timber, of the estimated board feet.
In Wildhorse planted new seedlings to replace the trees cut at a cost of $
a
Your answer is correct.
Determine the depreciation expense and the cost of timber sold related to depletion for
Depreciation expense $
Cost of timber sold $
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Attempts: of used
b
Your answer is incorrect.
Wildhorse has not logged since If Wildhorse logged and sold board feet of timber in when the timber
cruise appraiser estimated board feet, determine the cost of timber sold related to depletion for Do not round
intermediate calculations. Round final answers to decimal places, eg
Cost of timber sold $ PART B ONLY
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