North Coast Petroleum holds huge reserves of oil. Assume that at the end of $2024,$

North Coast Petroleum's cost of oil reserves totaled $$120,000,000,$ representing $200,000,000$ barrels of oil.

Suppose North Coast Petroleum removed and sold $10,000,000$ barrels of oil during $2025.$ Journalize depletion

expense for $2025.($Assume no residual value. Record debits first, then credits. Select the explanation on the

last line of the journal entry table.$)$