Keroak Mining paid $252,000 for the right to extract mineral assets from a 330,000-ton mineral deposit. In addition to the purchase price, Keroak Mining also paid a $2,100 filing fee; a $3,500 license fee to the state of Colorado; and $46,000 for a geological survey of the property. Because the company purchased the rights to the minerals only, the company expected the asset to have zero residual value when fully depleted. During the first year, Keroak Mining removed and sold 82,000 tons of minerals. Using the Mineral Assets account, make journal entries to record the following:

a. Purchase of the minerals

b. Payment of fees and other costs

c. Depletion expense for the first year?