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To Determine Value Of A Rock Quarry

To Determine Value Of A Rock Quarry

Rock and Roll Company purchased a rock quarry for 10,000,000 estimated. to contain 2 million tons of commercial rock material. When the quarry is completely depleted, it was expected that the land would be worth 100,000. A building was constructed on the site for 250,000, which will have no salvage value when the quarry is depleted.

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