On March 31, 2021, Co.M. purchased the right to remove some rocks from an parcel of land. The rocks are to be sold for a road construction. The cost of the contruction rights was $340,000, with estimated rock to be sold of 40,000 tons. During 2021, Co.M. loaded and sold 5300 tons of rock and estimated that 34,700 tons remained at December 31, 2021. At January 1, 2022, Co.M. estimated that 15,900 tons still remained. During 2022, Co.M. loaded and sold 10,600 tons. Co.M. uses the units-of-production method.

Co.M. would record depletion in 2022 of: (Round cost per ton to two decimal places.)

		$196,630.
		$199,910.
		$209,750.
		$198,830.