On July 4, 2021, Crane Mining Company purchased the mineral rights to a granite deposit for $1640000. It is estimated that the recoverable granite will be 400000 tons. During 2021, 90000 tons of granite was extracted and 50000 tons were sold. The amount of depletion recognized for 2021 would be O $180000. O $100000. O $369000. O $400000.