Extract Mining Company $($EMC$)$ has a December $31$ fiscal year end.The following information relates to its resource mine:$30/$Apr$/24$ Purchase price for the mine$30/$Apr$/24$ Capitalized development costs for the mine$30/$Apr$/24$ Estimated residual value of the mine is$30/$Apr$/24$ Estimated yield of resources from the mine$1,000,000$ cash paid$500,000$ cash paid$100,000250,000$ tonnes$2$Additional Information:$[1]$ EMC expects it will extract all the resources, and then close and sell the mine site in$[2]$ During $2024,$ EMC extracted resources from the mine$[3]$ During $2024,$ EMC sold the following amount of resources$5$ years$60,000$ tonnes$40,000$ tonnes$[4]$ At the beginning of $2025,$ EMC reassessed its estimate of the remaining resources in the mine$\mathrm{.}1/$Jan$/25$ Revised estimate of remaining resources in the mine$1/$Jan$/25$ Estimated revised residual value$(5)$ During $2025,$ EMC extracted resources from the mine$(6)$ During $2025,$ EMC sold the following amount of resources$300,000$ tonnes$50,00080,000$ tonnes$90,000$ tonnesEMC applies the units of production method for depreciation where appropriate$\mathrm{.}3$REQUIRED$[$A$]$ Calculate the depletion rate for the mine for the December $31,2024$