Weber Company purchased a mining site for $634,617 on July 1. The company expects to mine ore for the next 10 years and anticipates that a total of 80,174 tons will be recovered. The estimated residual value of the property is $56,061. During the first year, the company extracted 4,774 tons of ore. The depletion expense is Ca. $34,450.40 b. $57,855.60 C. $56,061.00 d. $37,788.58