Practice Brief Exercise 02 al-a2, b Marigold Corp. purchased for $5.2740 million a mine that is estimated to have 52.74 million tons of ore and no salvage value. In the first year, 5.79 million tons of ore are extracted. Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depletion cost per unit $ per ton Prepare the journal entry to record depletion for the first year. (Credit account titles are automatically indented when 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.) Account Titles and Explanation Debit Credit Show how this mine is reported on the balance sheet at the end of the first year. Marigold Corp. Balance Sheet (Partial) $ $