When a company that mines platinum sells the metal for $575,000, what is the journal entry to show the sale and the cost of the sale if the platinum had a value of $360,000?

Question 18 options:

	debit Accounts Receivable and credit Sales for $575,000 and debit Depletion Expense and credit Accumulated Depletion for $360,000
	debit Accounts Payable and credit Sales for $575,000 and debit accumulated depletion and credit Platinum for $360,000
	debit Accumulated depletion and credit Sales for $575,000 and' debit Accounts Receivable and credit Accumulated Depletion for $360,000
	debit Accounts Receivable and credit Platinum for $575,000 and debit Depletion Expense and credit Accumulated Depletion for $360,000