Business, 23.07.2019 12:50 mjwaple57

Bonita corporation acquires a coal mine at a cost of $480,000. intangible development costs total $120,000. after extraction has occurred, bonita must restore the property (estimated fair value of the obligation is $96,000), after which it can be sold for $192,000. bonita estimates that 4,800 tons of coal can be extracted.

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Bonita corporation acquires a coal mine at a cost of $480,000. intangible development costs total $1...

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