A drilling company purchased a mining site for $450,000 on July 1,2015.The company expects to mine ore for the next 10 years and anticipates that a total of 80,000 tons will be recovered.During 2015,the company extracted 5,800 tons of ore.The depletion expense for the year 2015 is:
A)$45,000.
B)$50,800.
C)$5,860.
D)$32,625.

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The Answer of A drilling company purchased a mining site for $450,000 on July 1,2015.The company expects to mine ore for the next 10 years and anticipates that a total of 80,000 tons will be recovered.During 2015,the company extracted 5,800 tons of ore.The depletion expense for the year 2015 is:
A)$45,000.
B)$50,800.
C)$5,860.
D)$32,625.

A Drilling Company Purchased a Mining Site for $450,000 on July