Mineral depost in addions to the purchse price

Reference no: EM131065846

Coal train paid $430,000 for the right are from a 375,000 ton mineral depost in addions to the purchse price, coal trian Mines also paid a $2,500 license fee to the of wast vignia, and $81,110 for a goobgical sunny of the property. Because the company purchased the right to the minerala only it expects asset to zero residual value when fully depleted During the firt year of production, coal train mines removed 60,000 tons of are of which it soid 57,000 tons.

Reference no: EM131065846

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Mineral depost in addions to the purchse price : Coal train paid $430,000 for the right are from a 375,000 ton mineral depost in addions to the purchse price, coal trian Mines also paid a $2,500 license fee to the of wast vignia, and $81,110 for a goobgical sunny of the property.

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