Everly Corporation acquires a coal mine at a cost of $512,000. Intangible development costs total $128,000. After extraction has occurred, Everly must restore the property (estimated fair value of the obligation is $102, 400), after which it can be sold for $204, 800. Everly estimates that 5, 120 tons of coal can be extracted. If 896 tons are extracted the first year, prepare the journal entry to record depletion