Bachwoods Mining Co. acquired mineral rights for $28,674,000. The mineral deposit is estimated at 16,200,000 tons. During the current year, 1,710,000 tons were mined and sold. Aequired: a. Determine the amourit of depietion expense for the cument year b. Joumalize the adjusting entry on December 31 to recognite the depletion expense. Aefer to the chart of accounts for the oxact wonding of the account tities. GNOW joumals do not use lines for joumal expianations. Every line an a joumal page is csed for debit or crocit ontrios cNow journais will automatically indent a credit entry when a credil amount is entered. Kieen Company acquired patent tights on January 10 of Year 1 for $940,500. The patent has a usefur life equal to its logal Ile of eight yoars. On January 7 of Year 4 , Kieen tuccesstuly detended the patent in a lawsult at a cost of $40,200. Required: a. Determine the patent amorization expense for Yoar 4 ended December 31. Round your answer to the nearest whole dollar. b. Joumalize the adusting enty an December 3t of Yoar 4 to recognize the amorization. Aefer to the chart of accounts for the exact wonding of the account tives. CNOW joumals do not use ines for jouma explanutions. Every line on a joumal page is used for dobit or credit entries CNOW joumals will automatically indent a credit entry when a credif amount is entered