Spring Creek Mines Purchased a Vein of Mineral Ore for $3,250,000.It

Multiple Choice

Spring Creek Mines purchased a vein of mineral ore for $3,250,000.It is estimated that 15,000,000 tons of ore are available to be extracted.The estimated depletion expense for this year's extraction of 1,760,000 tons of ore (rounded to the nearest dollar) is:

A) $428,267.
B) $400,000.
C) $334,400.
D) $381,333.