Azs gross revenues from the sales totaled 630400 and its


Question - A&Z incurred $492,500 of capitalized costs to develop a uranium mine. The corporation's geologists estimated that the mine would produce 985,000 tons of ore. During the year, 197,000 tons were extracted and sold. A&Z's gross revenues from the sales totaled $630,400, and its operating expenses for the mine were $189,120. Calculate A&Z's depletion deduction.

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Accounting Basics: Azs gross revenues from the sales totaled 630400 and its
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