Santa Fe purchased the rights to extract turquoise on a tract of land over a five-year period. Santa Fe paid $892, 250 for extraction rights. A geologist estimates that Santa Fe will recover 10, 750 pounds of turquoise. During the current year, Santa Fe extracted 3, 225 pounds of turquoise, which it sold for $568,000. What is Santa Fe's cost depletion expense for the current year? $267, 675. $323, 210. $178, 450. None of the choices are correct. $892, 250