Sands Company purchased mining rights for $500,000. They expect to harvest 1 million tons of ore over the next five years. During the current year, Sands mined 350,000 tons of ore. The entry to record the depletion would include O debt to Depletion Expense for $175,000 Os debit to Accumulated Depletion for $175,000 O a credit to Accumulated Depletion for $350,000 Os credit to Depletion Expense for $350,000 Deferred revenue is revenue that is Onot earned and the cash has not been received Oearned but the cash has not been received Oearned and the cash has been received Onot earned but the cash has been received