Delaware Corporation bought a coal mine with the estimated capacity of 268 tons of coal and the salvage value is zero. The firm invests $15209 for mining the coal. They are effective in extracting 32 tons of the coal in the first year. Then the depletion cost will be: O $4540.00 O $908.00 O $2724.00 O $3632.00

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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$2323.68
Delaware Corporation bought a coal mine with the estimated capacity of 268 tons of coal and the salvage
value is zero. The firm invests $15209 for mining the coal. They are effective in extracting 32 tons of the coal in
the first year. Then the depletion cost will be:
O $4540.00
$908.00
O $2724.00
O $3632.00
O $1816.00
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Transcribed Image Text:$2323.68 Delaware Corporation bought a coal mine with the estimated capacity of 268 tons of coal and the salvage value is zero. The firm invests $15209 for mining the coal. They are effective in extracting 32 tons of the coal in the first year. Then the depletion cost will be: O $4540.00 $908.00 O $2724.00 O $3632.00 O $1816.00 Next page APPLIED MATH OER REFERENCE Jump to... MATERIAL- ENG SONY
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