Porite Oil and Gas incurred costs of $17.2 million for the rights to extract resources from a natural gas deposit. The company expects to extract 8.6 million cubic feet of natural gas during a six-year period. Natural gas extracted during years 1 and 2 were 860,000 and 1,660,000 cubic feet, respectively. What was total depletion for year 1 and year 2, assuming the company uses the units-of-production method? Multiple Choice $5.04 million 5332 mon 58.60 million 35.7