On march 31,2018, m. belotti purchased the right to remove gravel from an old rock quarry. the gravel is to be sold as roadbed for highway construction. the cost of the quarry rights was $184,800, with estimated salable rock of 24,000 tons. during 2018, belotti loaded and sold 4,100 tons of rock and estimated that 19,900 tons remained at december 31, 2018. at january 1, 2019, belotti estimated that 12,300 tons still remained. during 2019, belotti loaded and sold 8,200 tons. belotti uses the units-of-production method. belotti would record depletion in 2019 of. (round cost per ton to two decimal places.) multiple choice a. $102,172 b. $105,452. c. $115,292

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)