Underwood's Miners recently purchased the rights to a diamond mine. It is estimated that there are two million tons of ore within the mine. Underwood's paid $$46,000,000$ for the rights and expects to harvest the ore over the next fifteen years. The following is the expected extraction for the next five years. $-$ Year $1$: $50,000$ tons $-$ Year $2$: $900,000$ tons $-$ Year $3$: $400,000$ tons $-$ Year $4$: $210,000$ tons $-$ Year $5$: $150,000$ tons Calculate the depletion expense for the next five years and create the journal entry for year one.