Jackpot Mining Company operates a copper mine in central Montana. The company paid $1,800,000 in 2021 for the mining site and spent an additional $760,000 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: (FV of $1. PV of $1. FVA of $1. PVA of 51. FVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Cash out flow 5460.000 560,000 760,00 Probability 255 ex 35 Toald extraction. Jackpot purchased some new equipment on July 1, 2021. for $260,000. After the copper is removed from this mine. the equipment will be sold for an estimated residual amount of $28,000. There will be no residual value for the copper mine. The credit-odlusted risk-free rate of interest is 10% The company expects to extract 11.8 million pounds of copper from the mine. Actual production was 3.2 million pounds in 2021 and 46 million pounds in 2022 Required: 1. Compute depletion and depreciation on the mine and mining equipment for 2021 and 2022. The units-of-production method is used to calculate depreciation (The expected format for rounding to presented in the appropriate rows of the table. Round your final answers to nearest whole dollar) Restoration post Post Posty Post Answer is complete but not entirely correct. Probable Cash outflow Probability Restoration Cost 400.000 256 116.000 880000 404 224000 780050 265 280.000 295.000 Pr99 1429 24 Next > here to search O