Sheet1

acc dep= total dep. For perio

Cost 50,000,000 323

Estimated reserves at the beginning of the period 150,000
Depletion charge per ton 333.33

First Year Second Year 3

Depletion charge per ton 333.33 333.33 323.00
Units produced during the period 7,500 15,000 7,500
Total depletion for the period 2,500,000 5,000,000 2,422,500

9000000
5400000
3600000

1st 2nd 3
Cost 12,000,000 12,000,000 12,000,000
Accumulated depreciation (at the beginning of the period) - 3,000,000 3,225,000
Depreciable cost (Carrying amount at the beginning of the p 12,000,000 9,000,000 8,775,000
Estimated reserves at the beginning of the period 800,000 600,000 585,000
Depreciation charge per ton 15.00 15.00 15.00
Units produced during the period 200,000 15,000 15,000
Total depreciation for the period 3,000,000 225,000 225,000

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 Sheet1

4 5 6 7 8 9 10
323.00 333.33 333.33 333.33 333.33 333.33 333.33
15,000 15000 15000 15000 15000 15000 15000
4,845,000 5000000 5000000 5000000 5000000 5000000 5000000

4 5 6 7 8 9 10
12,000,000 12000000 12000000 12000000 12000000 12000000 12000000
3,450,000 3675000
8,550,000 8325000
570,000 555000
15.00 15
15,000 15000
225,000 225000

Page 2
 Sheet1

11
333.33
7500
2500000

11
12000000

Page 3