Compute for the depletion and depreciation for 2008 and 2009.

In 2005, Marcus company acquired a silver mine for 50,000. In 2006, the company constructed a road to the silver mine costing 5,000,000. Improvements and other development costs made in 2006 cost 750,000. It is estimated that the mine can be sold for 600,000 after mining activities. During 2007, buildings were constructed near the mine to house workers at a total cost of 2,000,000. The residual value of these buildings amounted to 200,000.

In 2006, it was estimated that 4,000,000 tons of silver ore could be removed from the mine for refining. During 2008, the first year of operations, 500,000 tons were removed from the mine. However, in 2009, workers mined 1,000,000 tons of silver. During the same year, geologists discovered that the mine contained 3,000,000 tons of silver ore in addition to the original 4,000,000 tons.

Development costs of 1,300,000 were made in early 209 to facilitate the removal of the additional silver. In addition, an additional building was constructed for 375,000 to house the additional workers needed to excavate the added silver. The building is not expected to have any residual value.

Compute for the depletion and depreciation for 2008 and 2009.