A company acquires a natural resource for​ $1,200,000 and spends another​ $520,000 on development of the site and​ $370,000 for a nonmovable tangible asset installed at the site and​ $150,000 for tangible movable equipment. Both assets have an expected useful life of 10 years. The natural resource is expected to yield​ 200,000 units over its expected life. In year​ 1, 10,000 units are extracted from the resource. What is the depletion expense for year​ 1? (Round any intermediary calculations to the nearest​ cent, and round your final answer to the nearest​ dollar.) A. ​$86,000 B. ​$104,500 C. ​$60,000 D. ​$112,000

At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting