Barton Corporation acquires a coal mine at a cost of $1,800,000. Intangible development costs total $360,000. After extraction has occurred, Barton must restore the property (estimated fair value of the obligation is $180,000). Barton estimates that 6,000 tons of coal can be extracted. What is the amount of depletion per ton

$390 per ton

Explanation:

The depletion per ton is:

= Total cost of acquiring the coal mine / Number of tons that can be extracted

= (Acquisition cost + intangible development cost + Fair value of restoration) / Number of tons that can be extracted

= (1,800,000 + 360,000 + 180,000) / 6,000

= $390 per ton

there was no passage listed but using the process of elimination i'd say it was d. the high economy would do the opposite. i don't see how low prices would affect it. high unemployment is possible but i feel d is the better answer.