On January 1, 2020 Tree Lovers Inc. purchased 100 acres of yoodland in which the company intends to harvest the complete forest, leaving the land barren and worthless. Tree Lovers paid P3. \$2,100,000 for the land. Tree Lovers will sell the lumber as it is harvested and expects to deplete it over five years (twenty acres in year one, thirty acres in year two, twenty-five acres in year three, fifteen acres in year four, and ten acres in year fiveJ. Calculate the depletion expense for the next five years, and make the journal entries for each year