On March 31, 2021, Dobby Excavation Inc. purchased the right to remove gravel from an old rock quarry. The cost of the quarry rights was $229,100, with estimated salable rock of 29,000 tons. During 2021, Dobby loaded and sold 5,700 tons of rock and estimated that 23,300 tons remained on December 31, 2021. On January 1, 2022, Dobby estimated that 17,100 tons still remained. During 2022, Dobby loaded and sold 11,400 tons. Dobby uses the units-of-production method. How much depletion should Dobby record in 2022? Multiple Choice $124,864. $122,664 $135,784 $125,944