At the beginning of 2021, Terra Lumber Company purchased a timber tract from Boise Cantor for $4,300,000. After the timber is cleared, the land will have a residual value of $660,000. Roads to enable logging operations were constructed and completed on March 30, 2021. The cost of the roads, which have no residual value and no alternative use after the tract is cleared, was $364,00. During 2021, Terra logged 640,000 of the estimated 6.4 million board feet of timber. Required:
Calculate the 2021 depletion of the timber tract and depreciation of the logging roads assuming the units-of-production method is used for both assets. (Do not round intermediate calculations.)
1. Depletion of the timber tract
2. Depreciation of the logging roads

hi noah!

the first time you break a rule, you get a warning.

if you continue to break rules you get kicked out for a certain amount of time.

so, to answer your question 1.

hope this buddy!

- courtney

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answer; /// the above statement is (false);

false! basically!

i hope i'm correct.