Ivanhoe Company owns a 7.500-acre tract of timber purchased in 2006 at a cost of $1,521 per acre. At the time of purchase, the land was estimated to have a value of $321 per acre without the timber. Ivanhoe Company has not logged this tract since it was purchased. In 2020, Ivanhoe had the timber cruised. The cruise (appraiser) estimated that each acre contained 9,000 board feet of timber. In 2020, Ivanhoe built 10 miles of roads at a cost of $7,800 per mile. After the roads were completed, Ivanhoe logged and sold 4,095 trees containing 990,000 board feet. (a) Determine the cost of timber sold related to depletion for 2020. (Round answer to O decimal places, eg,5,125.) Cost of timber sold $