ast Chance Mine (LCM) purchased a coal deposit for $750,000. It estimated it would extract...
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ast Chance Mine LCM purchased a coal deposit for $ It estimated it would extract tons of coal from the deposit. LCM mined the coal and sold it reporting gross receipts of $ million, $ million, and $ million for years through respectively. During years LCM reported net income loss from the coal deposit activity in the amount of $ $ and $ respectively. In years LCM extracted tons of coal as follows:
ast Chance Mine LCM purchased a coal deposit for $ It estimated it would extract tons of coal from the deposit. LCM mined the coal and sold it reporting gross receipts of $ million, $ million, and $ million for years through respectively. During years LCM reported net income loss from the coal deposit activity in the amount of $ $ and $ respectively. In years LCM extracted tons of coal as follows:
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