Depletion Entries Alaska Mining Co. acquired mineral rights for $9.590,000. The mineral deposit is estimated at 68,500,000 tons. During the crew 10,100.00 a. Determine the amount of depletion expense for the current year, Hound the depletion rate to two decimal places 9,590,000 x WOW Similar to the units of production method to deprecate a free set the depletion rate that is called constante much the 1. Jumle the adjusting entry on December 31 to recoge the depletion experts 0 Similar to the entry to record depreciation, the al entry to redepletion sets a contra wao