Solare Company acquired mineral rights for $60,000,000. The diamond deposit is estimated at 6,000,000 tons. During the current year, 2,300,000 tons were mined and sold. a. Determine the depletion rate. per ton . b. De termine the amount of depletion expense for the current year c. Journalize the adjusting entry to recognize the depletion expense. Dec. 31_