Exercise 8-19 (Algo) Depletion of natural resources LO P3 Montana Mining Co pays $49990 forintot kaposit containing 1.448,000 tons. The company installs machinery in the mine costing $213.500. Both thorendhave no salvage value after the ore is completely mined. Montana mines and sells 170,800 tons of ore during yan Prepare the year-end erles to record both the ore deposit depletion and the mining machinery depreciation, Mining machinery depreciation should be toportion to the mis depletion. (Do not round intermediate calculations. Round your final answers to the nearest whole num View transaction list Journal entry worksheet 2 Record the year-end adjusting entry for the depletion expense of ore mine. Note: Enter debits before credits Date ournal Debit Credit Dec 31 Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of the mining machinery Not: Enter debits before credits Date Dec 31 General Journal Debit Credit