LO#4 2) MacMann Corp. purchased a mine on January 1.2024. for $500,000. The mine is estimatedis contain 30,000 tons of iron ore. There is no residual value. The business has extracted and sold 2,500 ton of ore in calculations to journal entry to record depletion expense for 2024. (Round your intermediate Answer: DATE GLA/Description Debit Credit {:[(500","000","30","000)],[=16.67]:} 16,67 pertor xx2,500^("tens ")=41,675