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Question 9 (1 point) Cuono Mining Co. purchased a mine for $7.5 million that is...

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Question 9 (1 point) Cuono Mining Co. purchased a mine for $7.5 million that is estimated to have 20 million tonnes of ore and a residual value of $900,000. In the first year, 5 million tonnes of ore are extracted and 3 million tonnes are sold. Record annual depletion for the first year, ended August 31, 2017 Your Answer: Answer Question 10 (1 point) Pandora Pants Company acquires a delivery truck on April 6, 2017, at a cost of $28,000. The truck is expected to have a residual value of $11,000 at the end of its four-year life. The company has a policy of recording a half-year's depreciation in the year of acquisition and a half-year's depreciation in the year of disposal. Using the double diminishing-balance method, calculate the depreciation expense for the second year of the equipment's life. Enter your answer as a whole number without commas or dollar signs. Your

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