Compute the amount of depreciation and delpletion. What would the depletion base be for the ffor the following yearBronson Paper Products purchased $10,000$ acres of forested timberland in March $2014.$ The company paid $$1,700$ per acre for this land, which was above the $$800$ per acre most farmers were paying for cleared land. During April, May, June, and July $2014,$ Bronson cut enough timber to build roads using moveable equipment purchased on April $1,2014.$ The cost of the roads was $$250,000,$ and the cost of the equipment was $$225,000$; this equipment was expected to have a $$9,000$ salvage value and would be used for the next $15$ years. Bronson selected the straight$-$line method of depreciation for the moveable equipment. Bronson began actively harvesting timber in August and by December had harvested and sold $540,000$ board feet of timber of the estimated $6,750,000$ board feet available for cutting. In March $2015,$ Bronson planted new seedlings in the area harvested during the winter. Cost of planting these seedlings was $$120,000.$ In addition, Bronson spent $$8,000$ in road maintenance and $$6,000$ for pest spraying during calendar$-$year $2015.$