Montana Mining Company pays $$3,578,840$ for an ore deposit containing $1,595,000$ tons. The company installs machinery in

the mine costing $$161,100.$ Both the ore and machinery will have no salvage value after the ore is completely mined. Montana

mines and sells $130,600$ 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.

Note: Do not round intermediate calculations. Round your final answers to the nearest whole number.

Answer is not complete.