Rocky Mines paid $427 000 for tho right to extract or from a 300 000 ton mineral deposit in addition to the purchase price, Rocky Minos also paid a S125 filing fee to the country recorder a $2,200 license fee to the state of Colorado, and S65 675 for a geologic survey. Because the company purchased the rights to the minerals only, it expects this minoral rights asset to have a residual value of zoto when it is fully depleted During the first year of production, Rocky Mines removed 45,000 tons of one of which it sold 40,000 tons. Read the requirement (a) Record the purchase of the mineral rights (Record debits first, then credits Exclude explanations from any journal entries Do not record the payment of fees and other costs they will be recorded in transaction (b)) Journal Date Accounts Debit Credit Question Viewer (b) Record the payment of fees and other costs in one entry. Journal Date Accounts Debit Credit (c) Record the depletion for first-year production (Round the depletion per ton to the nearest cent, and round t Journal Date Accounts Debit Credit (d) Record the cost of the ore sold. Journal Date Accounts Debit Credit