The following information applies to the questions displayed below.$]$

Last Chance Mine $($LCM$)$ purchased a coal deposit for $$2,465,000.$ It estimated it would extract $17,000$ tons of coal from the deposit. LCM mined the coal and sold it$,$ reporting gross receipts of $$1\mathrm{.}43$ million, $$5\mathrm{.}45$ million, and $$3\mathrm{.}5$ million for years $1$ through $3,$ respectively. During years $13,$ LCM reported net income $($loss$)$ from the coal deposit activity in the amount of $($$$17,800),$ $$625,000,$ and $$560,000,$ respectively. In years $13,$ LCM extracted $18,000$ tons of coal as follows:

$(1)$ Tons of Coal $(2)$ Basis Depletion $(2)-$:$(1)$ Rate Tons Extracted per Year

Year $1$ Year $2$ Year $3$

$17,000$ $$2,465,000$ $$145\mathrm{.}004,4009,4504,150$

Note: Leave no answer blank. Enter zero if applicable. Enter your answers in dollars and not in millions of dollars.

Problem $10-75$ Part a $($Algo$)$

a$.$ What is LCM$\text{'}$s cost depletion for years $1,2,$ and $3?$