Kiso Company purchased a tract of land for $4,500,000 in anticipation of extracting 1,425,000 tons of ore. The residual value of the land is expected to be $480,000. The company mines 125,000 tons of ore in the first year. What amount of depreciation would be recorded on the income tax returns for Year 5? a. $15,000 b. $0 c. $6,048 d. $12,096