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* Your answer is Incorrect. During 2022, Eldred Corporation acquired a mineral mine for 1,500,000 of which 200,000 was ascribed to land value after
* Your answer is Incorrect. During 2022, Eldred Corporation acquired a mineral mine for 1,500,000 of which 200,000 was ascribed to land value after the mineral has been removed. Geological surveys have indicated that 10 million units of the mineral could be extracted. During 2022 1,500,000 units were extracted and 1,200,000 units were sold. What is the amount of depletion expensed for 2022? 180,000. O 156,000. O 195,000. 130,000 eTextbook and Media Save for Later Attempts: 1 of 3 used Submit A 1
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