On April 1, Year 1, Fossil Energy Compary purchased an oli-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 soid. The amount of depletion for Year 1 on this well would be: (Do not round Intermediate calculations.) Multiple Chaice $222,500 $910,000. 56B2,500 $609,894