Brandon Oil Company recently purchased oil and natural gas reserves in a remote part of Alaska for $800,000, Brandon spent $10,000,000 preparing the oil for extraction from the ground. Brandon estimates that 120,000,000 barrels of oll will be extracted from the ground. The land has a residual value of $20,000. During 2019,15,110,000 barreis are extracted from the ground. Required: Calcutate the amount of depletion taken in 2019. (Note: In your calculations, round depletion per barrel to two decimal ploces.)