On April $1,$ Year $1,$ Fossil Energy Company purchased an

oil$-$producing well at a cash cost of $$13,650,000.$ It is estimated

that the oil well contains $940,000$ barrels of oil, of which only

$840,000$ can be profitably extracted. By December $31,$ Year $1,42,000$

barrels of oil were produced and sold. The amount of depletion for

Year $1$ on this well would be:$($Do not round

intermediate calculations.$)$$$682,500.$$$910,000.$$$227,500.$$$609,894.$N