Cullumber Mining Co. purchased a mine for $7,844,000 that is estimated to have 32,700,000 tonnes of ore and a residual value of $650,000. In the first year, 8,000,000 tonnes of ore are extracted and 6,000,000 tonnes are sold. Record annual depletion for the first year, ended August 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
Aug. 31	enter an account title to record annual depletion on August 31	enter a debit amount	enter a credit amount
	enter an account title to record annual depletion on August 31	enter a debit amount	enter a credit amount
	(To record annual depletion.)