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please make journal entries for a-d Iconse fee to the stale of Colorado, and 564,030 for a geologic survey. Becouse the corrpany purchased the rights

please make journal entries for a-d
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Iconse fee to the stale of Colorado, and 564,030 for a geologic survey. Becouse the corrpany purchased the rights to the minerals only, it expects this mineral rights asset to have a residual value of zero when it is fuly depletad. During the frat year of production. Mahity Mines removed 40.000 tons of ore, of which it sold 32.000 lons. Pestat the wrived in tarsacton (D). Requirement 1. Make journal entries to record (a) purchase of the mineral rights, (b) payment of fees and other costs, (c) depletion for first-year production, and (d) cost of the ore sold. Round depletion per unit to the closest cent

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