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During 2022, ABC Corporation acquired a mineral mine for P3,000,000 of which P400,000 was ascribed to land value after the mineral has been removed. Geological

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During 2022, ABC Corporation acquired a mineral mine for P3,000,000 of which P400,000 was ascribed to land value after the mineral has been removed. Geological surveys have indicated that 10 million units of the mineral could be extracted. During 2022, 1,500,000 units were extracted and 1,200,000 units were sold. What is the amount of depletion expensed for 2022

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