Montana Mining Company pays $$3,391,470$ for an ore deposit containing $1,575,000$ tons. The company installs machinery in the mine costing $$224,400.$ Both the ore and machinery will have no salvage value after the ore is completely mined. Montana mines and sells $175,400$ tons of ore during the year.

Prepare the December $31$ 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.