Question

Berner Mining Company estimates that after it completes extraction of valuable metals from a tract of land, $245,000 will be necessary to return the land to its original condition. This cost is considered a(n)

Answer 1

restoration cost

Step-by-step explanation:

This specific cost of $245,000 would be considered a restoration cost. These types of costs are defined as the "actual and imputed expenditures for activities aiming at the restoration of depleted or degraded natural systems, partly or completely counteracting environmental impacts of economic activities". Such as mining the land for its natural resources, which in term destroys/damages the land.