emic Cal On March 31, 2011, BBCInc, purchased the right to remove gravel from an old rock quarry. The gravel is to be sold as roadbed for highway construction. The cost of the quarry rights was $164,000, with estimated salable rock of 20,000 tons. During 2011, BBC Inc. loaded and sold 4,000 tons of rock and estimated that 16,000 tons remained at December 31, 2011. At January 1, 2012, BBC Inc. estimated that 20,000 tons still remained. During 2012, BBC Inc. loaded and sold 8,000 tons. BBC Inc. would record depletion in 2011 of: a. $41,000. b. $32,800 C. $30,750. d. $24,600