Fiocky Minos paid $435,000 for the night to extract oce from a 225,000-ton minerail depost In addition to the purchase price, Rocky Mines paid a $115 filing fee 10 the country reconder, a $2,000 license foe Ney depleted. During the first year of production, Rocky Mines removed 48,000 tons of ore, of which if sold 42,000 tons Fead the requirement transacton (b)) Requirement 1. Mave journal entries to record (a) purchase of the mineral nights, (b) payment of fees and other costs, (c) depletion for frst-year production, and (d) cost of the ore seld Plound depietion per int to the closest cent