what is the answer?

Colorado Mountain Mining paid $1,147,400 for the right to extract mineral assets from a 550,000ton deposit In addition to the purchase price, Colorado also paid a $800 iling fee, a $1,800 license fee to the state of Nevada, and $60,000 for a geological survey of the property, Bocause Colorado purchased the rights to the minerals only and did not purchase the land, it expects the asset to have zero residual value. During the first year, Colorado removed and sold 40,000 tons of the minerals. Make joumal. entries to record (a) purchase of the minerals (dobit Minerals). (b) payment of fees and other costs, and (c) depletion for the first year. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Joumalize (b) the payment of fees and other costs. (Combine the fees and other costs together, using each account needed for this antry only once.) Joumalize (c) the depletion for the first year. (Round depletien per ton to the nearest cent.)