TB MC Qu. 11-108 (Algo) Clark Oil and Gas incurred costs of... Clark Oil and Gas incurred costs of $22.8 million for the rights to extract resources from a natural gas deposit. The company expects to extract 9.5 million cubic feet of natural gas during a six-year period. Natural gas extracted during years 1 and 2 were 930,000 and 1770,000 cubic feet, respectively. What was total depletion for year 1 and year 2, assuming the company uses the units-of-production method? Multiple Choice $4.25 million $6.48 million $950 million $760 million