Horizon Mountain Mring pad 691,800 for the tract mineralsts from a 450.000 ton epost. In son to the purchase price. Horon so pada $100 fing fee a $2.300 foto the state of Nevada, and $70.000 for a geological Survey of the property. Because on purchased the right to the minerals only and did not purchase the land, texpects the set to have zero residual value. During the first year, Horizon removed and sold 20,000 tons of the minerals. Make jumal entries to record purchase of the minerals Minerals, payment of fees and other costs and depletion for the first year record debitsrst, then credits Select the explanation on the line of the jouma Begin by Juraga the purchase of the minerals debit Miner Accounts and Explanation d Dorot record payment for anyonal cos Credit e minerals. We will do in tryb