Chapter 9 HW Help Save & Exit Submit Check my werk 4 10 point Salter Mining Company purchased the Northern Ter Mine for $42 million cash. The mine was estimated to contain 201 million tons of ore and to have a residual value of $6.8 million During the first year of mining operations at the Northern Tier Mine, 85,000 tons of ore were mined, of which 18,000 tons were sold. a. Prepare a journal entry to record depletion during the year. b. Show how the Northern Tier Mine, and its accumulated depletion would appear in Salter Mining Company's balance sheet after the first year of operations Complete this question by entering your answers in the tabs below. Required A Required B Prepare a journal entry to record depletion during the year. (Round your intermediate calculations to two decimal places. If no entry is required for a transaction/event, select "No journal entry required in the first account finid.) View transaction dat Journal entry worksheet > Record the depletion on the Northern Tier Mine. M Prev 4 of 5 Next > . Type here to search 223/200 o