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Blizzard [7]
3 years ago
14

A coal company invests $12 million in a mine estimated to have 20 million tons of coal and no salvage value. it is expected that

the mine will be in operation for 5 years. in the first year, 1,000,000 tons of coal are extracted and sold. what is the depletion expense for the first year?
Business
1 answer:
lilavasa [31]3 years ago
5 0
2 percent is the depletion
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Explanation:

Having a past medical history of

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Answer:

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