J.R. Enterprises purchases an oil well for $300 million. It is estimated that 5 million barrels can be extracted from the well and that the estimated residual value of the well will be $0. Depletion expense for the first year if 150,000 barrels were extracted and sold, would be (use the production method): a.$6,000,000 c. $9,000,000 b.$10,000,000d. $2,000,000