A company purchased mining property that containing 15,000,000 tons of ore for $4,875,000.In 2009,the company mined and sold 789,000 tons of ore and in 2010,it mined and sold 1,235,000.Calculate the depletion expense for 2009 and 2010.

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The Answer of A company purchased mining property that containing 15,000,000 tons of ore for $4,875,000.In 2009,the company mined and sold 789,000 tons of ore and in 2010,it mined and sold 1,235,000.Calculate the depletion expense for 2009 and 2010.

A Company Purchased Mining Property That Containing 15,000,000 Tons of Ore