Falcon, Inc., owns a silver mine that it purchased several years ago for $925,000. The adjusted basis at the beginning of the year is $400,000. For the year, Falcon deducts depletion of $700,000 (greater of cost depletion of $290,000 or percentage depletion of $700,000) for regular income tax purposes. If an amount is zero, enter "0". a. Falcon has a ________ AMT tax preference of $ b. Falcon's regular income tax adjusted basis is $ c. Falcon's AMT adjusted basis is $ Falcon, Inc., owns a silver mine that it purchased several years ago for $925,000. The adjusted basis at the beginning of the year is $400,000. For the year, Falcon deducts depletion of $700,000 (greater of cost depletion of $290,000 or percentage depletion of $700,000) for regular income tax purposes. If an amount is zero, enter "0". a. Falcon has a ________ AMT tax preference of $ b. Falcon's regular income tax adjusted basis is $ c. Falcon's AMT adjusted basis is $