Franceour Mining Co. purchased for $9,973,600 a mine that is estimated to have 35,620,000 tons of ore and no salvage value. In the first year, 8,030,000 tons of ore are extracted. (a1) Your answer is correct. Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g. 0.50. Depletion cost per unit 28| per torn SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Attempts: 2 of 3 used Earn Maximum Points available only if you answer this question correctly in three attempts or less. (a2) Your answer is partially correct. Try again. Prepare the journal entry to record depletion for the first year. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Depreciation Expense Debit Credit 8,030,000 Ore Mine 8,030,000 SHOW LIST OF ACCOUNTS LINK TO TEXT