Montana Mining Co. pays $3,111,170 for an ore deposit containing 1576,000 tons. The company installs machinery in the mine costing $195,000 Both the ore and machinery will have no salvage value after the ore is completely mined Montana mines and sells 155700 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 depreciation should be in proportion to the mine's depletion (Do not round intermediate calculations. Round your final answers to the nearest whole number) 129 View transaction list Journal entry worksheet