Eath's Treasures Mining Co, actuired miceral plghts for $$145, 750, 000$ . The mineral deposit is estimated at 85,000,000 tons. During the current year, $21, 250, 000$ tons were mined and soid. a. Determine the depletion rate. If requires, round vour answer to teab decimal piaces. 1. $x$ perton b. Determine the amount of depletion expense for the current veorf. rather respurce is entratted. Dec. 31 rositions

Question

Eath's Treasures Mining Co, actuired miceral plghts for

$145, 750, 000

. The mineral deposit is estimated at 85,000,000 tons. During the current year,

21, 250, 000

tons were mined and soid. a. Determine the depletion rate. If requires, round vour answer to teab decimal piaces. 1.

x

perton b. Determine the amount of depletion expense for the current veorf. rather respurce is entratted. Dec. 31 rositions

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