Montana Mining Company pays $3.721000 for an ore deposit containing 1.525,000 tons. The company instaliachinery in the more costing $213,500. Both the ore and machinery will have no salvage value after the ore is completely mind, Montana minsan 166 200 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 (Round your unit depreciation and depletion rates to 2 decimal places.) Journal entry worksheet 1 2. Record the year-end adjusting entry for the depletion expense of ore mine. Note: Enter deblts before credits. Date General Journal Debit Credit December 31 Journal entry worksheet