Gimli Miners recently purchased the rights to a diamond mine. It is estimated that there are one million tons of are within the mine. Gimli paid $23,100,000 for the rights and expects to harvest the ore over the next ten years. The following is the expected extraction for the next five years. - Year 1:50,000 tons - Year 2:90,000 tons - Year 3: 100,000 tons - Year 4: 110,000 tons - Year 5: 130.000 tons Calculate the depletion expense for the next five years, and create the joumal entry for year one