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  3. in imuary, 2017, yager corporation purchased a min

in Imuary, 2017, Yager Corporation purchased a mineral mine for 5 000,00 with removable...

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Accounting

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in Imuary, 2017, Yager Corporation purchased a mineral mine for 5 000,00 with removable ore estimatedo by gedegical Surveys at 2,000,000 per tons The company incurred $1,000,000 of development costs preparing the mine for produchon During 2017, 600,000 tons were removed & sold. What is the amount of depletion that tager should expense in the income statement for 2017 What is the value carrying the mine of balance sheet on December 31, 2017? the OL

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