A&Z incurred $600,000 of capitalized costs to develop a uranium mine. The corporation's geologists estimated that the mine would produce 1,200,000 tons of ore. During the year, 240,000 tons were extracted and sold. A&Z's gross revenues from the sales totaled $768,000, and its operating expenses for the mine were $230,400. Required: Calculate A&Z's depletion deduction. Depletion deduction