on january 1 year 1 monroe minerals company purchases a copper mine for $123500000. the mine was expected to produce 50,000 tons of copper over its useful life. during year 1, the company extracted 6,700 tons of copper. the copper was sold for $5200 per ton. assume the company incurred $8,645,000 in operating expenses during year 1. what is the amount of net income for year 1?

Kimberly has been jonah in preparing his personal income tax forms for a couple of years. jonah's boss recommended kimberly because she had done a good job setting up the company's new accounting system. jonah is very satisfied with kimberly's work and feels that the fees she charges are quite reasonable. kimberly would be classified as a(n) (a) independent auditor (b) private accountant (c) public accountant (d) accounting broker