Required information [The following information applies to the questions displayed below.) On July 23 of the current year, Dakota Mining Co. pays $5,964,480 for land estimated to contain 7,848,000 tons of recoverable ore. It installs and pays for machinery costing $1,177,200 on July 25. The company removes and sells 403,250 tons of ore during its first five months of operations ending on December 31. Depreciation of the machinery is in proportion to the mine's depletion as the machinery will be abandoned after the ore is mined. Required A Required B Required c1 Required C2 Required D1 Rec To record the first five months' depletion assuming the land has a net salva Select formula for Units of Production Depletion: Calculate depletion expense: Depletion per ton Tonnage Depletion expense ( Required B Require Complete this question by entering your answers in the tabs belov Required A Required B Required c1 Required C2 Required D1 Re To record the first five months' depreciation on the machinery. Select formula for Units of Production Depreciation: Calculate Depreciation expense: Depreciation per ton Tonnage Depreciation expense Required C2 Require Journal entry worksheet Record the year-end adjusting entry for the depletion expense of ore mine. "Vote: Enter debits before credits. General Journal Debit Credi Date Dec. 31 Record entry Clear entry View ger Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of the machinery. Note: Enter debits before credits. Date General Journal Debit Cr Dec. 31 Record entry Clear entry View