2 On March 31, 2016 M. Belotti purchased the right to remove gravel from an old rock quarry. The gravel is to be sold as roadbed for highway construction. The cost of the quarry rights was 5172.200, with estimated salable rock of 21000 tons. During 2016, Belotti loaded and sold 4 200 tons of rock and estimated that 16800 tons remained at December 31, 2016. At January 1, 2017 Belotti estimated that 8,400 tons still remained During 2017, Belotti loaded and sold 12,600 tons 5423 Belotti would record depletion in 2016 of (Do not round depletion rate per ton) Multiple Choice $43.050 $34440 $25,830 536160 Type here to search O BE DO