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On July 1, 2022. Friedman Inc invested $720,000 in a mine estimated to have 900,000 tons of ore of uniform grade. During the last 6

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On July 1, 2022. Friedman Inc invested $720,000 in a mine estimated to have 900,000 tons of ore of uniform grade. During the last 6 months of 2022,100.000 tons of ore were mined. (a1) Calculate depletion cost per unit (Round answer to 2 decimal places, es. 0.50.) Depletioncost percunit 55 Prepare the journal entry to record depletion. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

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