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Business, 11.05.2021 03:20 bri6517

Vaughn Manufacturing acquires a coal mine at a cost of $1920000. Intangible development costs total $354000. After extraction has occurred, Vaughn must restore the property (estimated fair value of the obligation is $183000), after which it can be sold for $208000. Vaughn estimates that 5000 tons of coal can be extracted. What is the amount of depletion per ton

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Vaughn Manufacturing acquires a coal mine at a cost of $1920000. Intangible development costs total...
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