Weber Company purchased a mining site for $$526,987$ on July $1.$ The company expects to mine ore for the next $10$ years and anticipates that a total of $82,586$ tons will be recovered. The estimated residual value of the property is $$47,067.$ During the first year, the company extracted $4,512$ tons of ore. The depletion expense is

a$.$ $$47,992\mathrm{.}00$

b$.$ $$26,219\mathrm{.}93$

c$.$ $$47,067\mathrm{.}00$

d$.$ $$28,791\mathrm{.}39$