BE9-15 Cuono Mining Co. purchased a mine for $6.5 million that is estimated to have 25 million tonnes of ore and a residual value of $500,000. In the first year, 5 million tonnes of ore are extracted and 3 million tonnes are sold. (a) Record the depreciation and the cost of the ore extracted for the first year, ended August 31, 2014. (b) Show how the mine and the ore on hand are reported on the balance sheet on August 31, 2014. BE9-16 Mabasa Company purchases a patent for $150,000 cash on January 2, 2014. Its legal life is 20 years and its estimated useful life is 8 years. On January 5, 2015, Mabasa paid $30,000 cash to successfully defend the patent in court. (a) Record the purchase of the patent on January 2, 2014. (b) Record amortization expense for the year ended December 31, 2014. (c) Record the legal costs on January 5, 2015. (d) Calculate amortization expense for 2015