This project requires you to 1) compute depletion and record all the necessary entries for a company's natural resources mining activity, and 2) compute and record the depreciation revision entries.

1 Nutra Feed Supplements purchased a new hammer mill on July 1, 2019 for: 2 Use straight line depreciation assuming a useful life of: 3 On July 1, 2022, Agro purchased a bagger option for the hammer mill: 4 The precision monitor gives the testing station a new useful life from today of 5 The new salvage value is Assume a calendar year fiscal year end. (15 points) a Calculate the amount to depreciate for the future: b) Prepare the final 2022 depreciation entry: \begin{tabular}{|l|l|l|l|} \hline & & & \\ \hline & & & \\ \hline & & \\ \hline \end{tabular} c) Prepare the 2023 depreciation entry: \begin{tabular}{|l|l|l|l|} \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} c) Prepare the journal entries for the sale of the limestone for 2021 : (Note: be sure journal entries are in the proper format) (Be sure to show how you arrived at the amounts for partial credit.) 1 Nutra Feed Supplements purchased a new hammer mill on July 1, 2019 for: 2 Use straight line depreciation assuming a useful life of: 3 On July 1, 2022, Agro purchased a bagger option for the hammer mill: 4 The precision monitor gives the testing station a new useful life from today of 5 The new salvage value is Assume a calendar year fiscal year end. (15 points) a Calculate the amount to depreciate for the future: b) Prepare the final 2022 depreciation entry: \begin{tabular}{|l|l|l|l|} \hline & & & \\ \hline & & & \\ \hline & & \\ \hline \end{tabular} c) Prepare the 2023 depreciation entry: \begin{tabular}{|l|l|l|l|} \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} c) Prepare the journal entries for the sale of the limestone for 2021 : (Note: be sure journal entries are in the proper format) (Be sure to show how you arrived at the amounts for partial credit.)