Jackpot Mining Company operates a copper mine in central Montana. The company paid $1,550,000 in 2024 for the mining site and spent an additional $710,000 to prepare the mine for extraction of the copper. After the copper is extracted in approximately four years, the company is required to restore the land to its original condition, including repaving of roads and replacing a greenbelt. The company has provided the following three cash flow possibilities for the restoration costs Note: Use tables, Excel, or a financial calculator. (FV of $1. PV of $1. FVA of $1. PVA of 51. EVAD of 51 end PVAD of $3) 04 cash outflow 1 2 $410,000 $10,000 710,000 Probability 25% 40% SX To aid extraction, Jackpot purchased some new equipment on July 1, 2024, for $249,000. After the copper is removed from this mine. the equipment will be sold for an estimated residual amount of $27,000. There will be no residual value for the copper mine. The credit-adjusted risk-free rate of interest is 10% The company expects to extract 11.1 million pounds of copper from the mine: Actual production was 2.7 million pounds in 2024 and 41 million pounds in 2025. Required: h. Compute depletion and depreciation on the mine and mining equipment for 2024 and 2025. The units-of-production method is used to calculate depreciation Note: The expected format for rounding is presented in the appropriate rows of the table. Round your final answers to nearest whole dollar. Restoration costs: Cash outflow Probability Probable Restoration Cost < Prev 3 of 4 Score answer > Check my work C C