Recording Depletion Entries Western Mining Inc. acquires a zinc mine in January of 2020, at a cost of $9,600,000 with an estimated 2,880,000 tons of zinc. Western Mining Inc. also incurs costs of $944,000 to develop the area around the site necessary to access the mine. The land is estimated to have a value of $600,000 after the zinc is mined. At the end of 2020, 480,000 tons of zinc were mined and 400,000 tons were sold by December 31, 2020. a. Record the entry for acquisition of the zinc mine. Date Account Name Dr. Jan. 1, 2020 Zinc Mine Property Cr. A 0 0 0 0 b. Record the entries for depletion and for the cost of the sale of zinc in 2020. Note: Round your final answers below to the nearest full dollar. Date Account Name Dr. Cr. Dec. 31, 2020 0 0 0 0 To record depletion Dec. 31, 2020 0 0 O 0 To record cost of sales