?Current Attempt in Progress

On July $1,2024,$ ?Shamrock Exploration invests $$1\mathrm{.}50$ ?million in a mine that is estimated to have $865,625$ ?tonnes of ore. The company

estimates that the property will be sold for $$115,000$ ?when production at the mine has ended. During the last six months of $2024,$

$115,000$ ?tonnes of ore are mined and sold. Shamrock has a December $31$ ?fiscal year end.

$($b$)$

Record the $2024$ ?depletion. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no

entry is required, select $"$No Entry" for the account titles and enter $0$ ?for the amounts. List debit entry before credit entry. Round depletable

amount per tonne to $2$ ?decimal places, e$.$s$.5\mathrm{.}27$ ?and final answers to $0$ ?decimal places, e$.$g$.5,276.)$

Date Account Titles

Debit

Credit

Dec. $31$

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