Luper Company acquired a tract of land that contained iron deposits for $5,118,200. Luper spent $269,000 to access the iron ore. Luper estimates that 2,000,000 cons of ore will be extracted. The estimated value of the land after the ore is extracted is $207,200. During the current year, Luper extracts 150,000 tons of iron ore. Requlredt Compute the cost of the natural resource and the amount of depletion taken during the year