Usula Corporations subsidiary Pensive oil drills a well with the intention of extracting oil from a known reservoir. It incurs the following costs related to the acquisition of property and development of the site.

Land purchase $280,000

Road construction $23,000

Drill pad construction $48,000

Drilling fees $192,000

Usula Oil estimates that it will incur a site restoration cost of $57,000 once extraction is complete.

Usulas geologists estimate that the proven oil reserves that are accessed by the well are 400,000 barrels.

How much would the depletion charge be for 270,000 barrels?