please due by hand

19. The Shiny Copper Company purchased an ore-bearing tract of land for $55,000,000. The geologist for Shiny estimated the recoverable copper reserves to be 50,000 tons. During the first year of operation, 3,000 tons were mined and sold for $14,000,000. Expenses were $5,000,000. Using the percentage depletion method the depletion allowance and the ceiling used for year 1 is closest to ...Note: The standard depletion for copper is 15%. a) $2,100,000 and $7,000,000 b) $2,100,000 and $2,100,000 c) $7,000,000 and $7,000,000 d) $2,100,000 and $4,500,000 e) $4,500,000 and $2,100,000 f) $4,500,000 and $7,000,000 g) $4,500,000 and $4,500,000 h) $7,000,000 and $2,100,000 i) $7,000,000 and $4,500,000 j) $2,100,000 and $9,000,000 k) $9.000,000 and $2,100,000 1) $2,100,000 and $14,000,000 m) $14,000,000 and $4,500,000 n) $4,500,000 and $14,000,000 m) $14,000,000 and $2,100,000