Zvinakis Mining Company paid $200,000 for the rights to mine lead in southeast Missouri. The cost to drill and erect a mine shaft was $2,400,000, and equipment to process the lead ore before shipment to the smelter was $1,800,000. The mine is expected to yield 2,000,000 tons of ore during the five years it is expected to be operating. The equipment has an estimated residual value of $150,000 when mining is concluded. The mine started operations on April 30, 2021. In 2021, 300,000 tons of ore were extracted, and in 2022 700,000 tons were mined Required: 1. Compute the depletion rate and the units-of-production depreciation rate. 2. Compute depletion and depreciation for 2021 and 2022. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute depletion and depreciation for 2021 and 2022. 2023 2022 Depletion Depreciation