Business, 16.04.2020 02:27 marioh620

Ceres corporation acquired a mineral mine for $6,000,000 of which $600,000 was ascribed to land value after the mineral has been removed. geological surveys have indicated that 9 million units of the mineral could be extracted. during 2017, 1.8 million units were extracted and 1.2 million units were sold. what is the total amount of depletion recorded in inventory for 2017?

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Ceres corporation acquired a mineral mine for $6,000,000 of which $600,000 was ascribed to land valu...

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