akessonment takeAssignmentMaindo?invokerasso nmentstakeAssignment esse tocat rassment takes eres false q eBook Calculato Cornerstone Exercise 7-27 (Algorithmic) Depletion of Natural Resources Brandon Oil Company recently purchased oil and natural gas reserves in a remote part of Alaska for $800,000 Brandon spent $10,000,000 preparing the ol for extraction from the ground. Brandon estimates that 120,000,000 barrels of oil will be extracted from the ground. The land has a from the ground. T residual value of $20,000. During 2019, 14,380,000 barrels are extracted Required: e the amount of depletion taken in 2019. (Note: In your calculations, round depletion per barrel to two decimal places.) Check My Work 3 more Check M Work uses rming 552 PM i e