Backwoods Mining C0, soquired mineral rights for $41,449,000. The mineral deposit is estimated at 18, 100,000 tons, During the current year, 1,500,000 tons were mined and sold. Required: a. Determine the amount of depletion expense for the current year: account teles. CNOW joumals do not use lines for joumal explanabons. Every ine on a joumal page is usod for deber or credif entrles. CNOW joumals will automascaly indent a crodit entry when a creolt amount is entored