0/15 E Question 5 of 8 Show Attempt History Current Attempt in Progress On January 1, 2019. Cullumber Corporation acquired a small mine for $35 million along with equipment costing 58 million Management estimated at that time that the mine should produce 35,000 ounces of gold and have no residual value while the equipment would have a useful life of eight years and no residual value. In 2019 and 2020, the company produced 2,000 and 1,800 Ounces of gold, respectively. The company uses the straight-line method of depreciation for its equipment, and its year endis December 31 (a) > 0/15 Question 5 of 8 Show Attempt History Current Attempt in Progress On January 1, 2019. Culturber Corporation acquired a small mine for $35 million along with equipment costing $8 million Management estimated at that time that the mine should produce 35.000 ounces of gold and have no residual value while the coment would have a useful life of eight years and no residual value in 2019 and 2020. the company produced 2.000 and 1.300 ounces of gold, respectively. The company uses the straight line method of depreciation for its equipment, and its year endis December 31 ( Your awer is incorrect Cakulate the goldmine's accumulated depletion and carrying amount at the beginning of 2021 Accumulated depletion $ Carrying amount eTextbook and Media Attempts: 2 of 3 used w Save for Later ved 3 minutes Saved work will be auto-submitted on the due date Auto