On July 1, 2021, Windsor Exploration invests $1.43 million in a mine that is estimated to have 828,125 tonnes of ore. The company estimates that the property will be sold for $105,000 when production at the mine has ended. During the last six months of 2021, 105,000 tonnes of ore are mined and sold. Windsor has a December 31 fiscal year end.

1. Record the 2021 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 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	enter an account title to record depletion on December 31	enter a debit amount	enter a credit amount
	enter an account title to record depletion on December 31	enter a debit amount	enter a credit amount
	(To record depletion.)

List of Accounts

2. Show how the mine and any related accounts are reported on the December 31, 2021, income statement.

WINDSOR EXPLORATION Income Statement (Partial) choose the accounting period Quarter Ended December 31, 2021Year Ended December 31, 2021December 31, 2021
enter an income statement item		$enter a dollar amount

List of Accounts

3. Show how the mine and any related accounts are reported on the December 31, 2021, balance sheet.

WINDSOR EXPLORATION Balance Sheet (Partial) choose the accounting period Quarter Ended December 31, 2021Year Ended December 31, 2021December 31, 2021
Assets
select an opening section name Total Intangible AssetsTotal Stockholders' EquityInvestmentsCurrent LiabilitiesStockholders' EquityTotal Liabilities and Stockholders' EquityTotal Current LiabilitiesTotal AssetsIntangible AssetsTotal LiabilitiesTotal Current AssetsProperty, Plant and EquipmentLong-Term DebtTotal Property, Plant and EquipmentCurrent Assets
enter a balance sheet item		$enter a dollar amount
select between addition and deduction AddLess:enter a balance sheet item		enter a dollar amount	$enter a subtotal of the two previous amounts