BLANK purchased a coal deposit for $2,282,400. It estimated it would extract 15,850 tons of coal from the deposit. BLANK mined the coal and sold it, reporting gross receipts of $1.21 million, $5.1 million, and $4.3 million for years 1 through 3, respectively. During years 13, BLANK reported net income (loss) from the coal deposit activity in the amount of ($16,500), $730,000, and $527,500, respectively. In years 13, BLANK actually extracted 16,850 tons of coal as follows: (Leave no answer blank. Enter zero if applicable. Enter your answers in dollars and not in millions of dollars.)

(1)	(2)	Depletion (2)/(1)	Tons Extracted per Year
Tons of Coal	Basis	Rate	Year 1	Year 2	Year 3
15,850	$2,282,400	$144.00	4,150	7,300	5,400

a. What is BLANK'S cost depletion for years 1, 2, and 3?

YEAR 1=

YEAR 2=

YEAR 3=

What is BLANK'S percentage depletion for each year (the applicable percentage for coal is 10 percent)?

YEAR 1=

YEAR 2=

YEAR 3=

Using the cost and percentage depletion computations from parts (a) and (b), what is BLANK'S actual depletion expense for each year?

YEAR 1=

YEAR 2=

YEAR 3=