NEED HELP ASAP 22

On July 4 of the current year, Montana Mining Company purchased the mineral rights to a granite deposit for $800,000. It is estimated that the recoverable granite will be 400,000 tons. During the current year, 100,000 tons of granite was extracted and 60,000 tons were sold. The amount of the Depletion Expense recognized for the current year would be

		$120,000.
		$200,000.
		$100,000.
		$60,000.