Oriole Mining Company has a December 31 fiscal year end. The following information relates to its Golden Grove mine: 1. Oriole purchased the Golden Grove mine on March 31,2023 , for $2.90 million cash. On the same day, modernization of the mine was completed at a cash cost of $360,000. It is estimated that this mine will yield 590,000 tonnes of ore. The mine's estimated residual value is $310,000. Oriole expects it will extract all the ore, and then close and sell the mine site in four years. 2. During 2023, Oriole extracted and sold 140,000 tonnes of ore from the mine. 3. At the beginning of 2024. Oriole reassessed its estimate of the remaining ore in the mine. Oriole estimates that there are still 562,500 tonnes of ore in the mine at January 1.2024. The estimated residual value remains at $310,000. 4. During 2024, Oriole extracted and sold 200,000 tonnes of ore from the mine. Prepare the 2023 and 2024 journal entries for the above, including any year-end adjustments. (Credit account titles ore 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. List debit entry before credit entry. Round depletion per tonne value to 2 decimal places, eg. 12.25& final answers to 0 decimal ploces, eg 5,275.) (To record cost of goods sold.) 2024 (To record depletion) (To record cost of goods sold.)