mpany acquires an ore mine at a cost of $2,520,000. It incurs additional costs of $705,600 to access the mine, which is tons of ore. 220,000 tons of ore are mined and sold the first year. The estimated value of the land after the ore is removed is $360,000. Calculate the depletion expense from the information given(Round decimal places.) "Depletion per unit" to 3 Cost Salvage Amount subject to depletion Total units of capacity Depletion per unit Units extracted and sold in period Depletion expense