help on account titles and explanation.

Flounder Mining Co. purchased for $6,886,700 a mine that is estimated to have 40,510,000 tons of ore and no salvage value. In the first year. 14,360.000 tons of ore are extracted. (21) Your answer is correct. Calculate depletion cost per unit. (Round answer to 2 decimal places, eg. 0.50.) $ 0.17 per ton Depletion cost per unit 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 Ofor the amounts.) Account Titles and Explanation Debit Credit 2441200 2441200