Brief Exercise 11-9 Martinez Corporation acquires a coal mine at a cost of $4132.000. Intangible development costs total $108.000. After extraction has occurred, Martinez must restore the property ot of $432,000, Intangible development costs total $108,000. After extraction has occurred, Martinez must restore the property (estimated fair value of the obligation is $86,400), after which it can be sold for $172,800. Martinez estimates t If 756 tons are extracted the first year, prepare the journal entry to record depletion (It no entry is required, select "No amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. to record depletion.(It no entry is required, select "No entry" for the account titles and enter o for the Account Titles and Explanation Debit