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Suppose that a company has purchased an oil well for $5000000 that it plans to sell for $1000000 once it has finished extracting 100000 barrels of oil. What is the depletion per barrel of oil?

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Suppose that a company has purchased an oil well for $5000000 that it plans to sell for $1000000 once it has finished extracting 100000 barrels of oil. What is the depletion per barrel of oil?






 
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