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Monroe minerals company purchased a copper mine for a 126,500,000 the mine was expected to produce 50,000 tons of copper over its useful life during year won the company extracted 7300 tons of copper the copper was sold for $5800 per ton assuming that the company incurred 8,855,000 and operating expense during year one based on this information how much net income would Monroe report in year 1

User Joshkunz
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1 Answer

13 votes

Answer:

I think it would be B

Step-by-step explanation:

hope this helps if not please let me know

User Tom Shen
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7.9k points
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