Mint Nice Help LH 09 | | | Work Check my w 9 Exercise 8-18 Depletion of natural resources LO P3 3 Dot Montana Mining Co pays $4,225,960 for an ore deposit containing 1547,000 tons. The company installs machinery in the mine costing $170,700, which will be abandoned when the ore is completely mined Montana mines and sells 129,700 tons of ore during the year Prepare the year end entries to record both the ore deposit depletion and the mining machinery depreciation Mining machinery deprecation should be in proportion to the mine's depletion (Do not round intermediate calculations. Round your final answers to the nearest whole number) View transaction lit MR Journal entry worksheet Record the year and adjusting entry for the depletion expense of ore mine GW