Kinta Mining acquires a mineral deposit at a cost of RM5,900,000. It incurs additional costs of RM600,000 to access the deposit, which is estimated to contain 2,000,000 tons and is expected to take 5 years to extract. Compute the depletion expense for the first year assuming 418,000 tons were mined. Select one: a. RM1,358,500. b. RM1,233,100. c. RM1,180,000. d. RM1,300,000