On July 1, 2017, Shamrock Exploration Inc. invests $1.30 million in a mine that is estimated to have 870,000 tonnes of ore. The company estimates that the property will be sold for $99,500 when production at the mine has ended. During the last six months of 2017, 88,500 tonnes of ore are mined and sold. Shamrock has a December 31 fiscal year end.

(b)

Record the 2017 depletion. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter "0" for the amounts. Round unit per tonne to 2 decimal places, e.g. 5.27 and final answers to 0 decimal places, e.g. 5,276.)

Date	Account Titles and Explanation	Debit	Credit
Dec. 31