Question: Please help prepare the journal entry to record depletion. On July 1, 2022. Swifty Inc. invested $700,520 in a mine estimated to have 844,000 tons

Please help prepare the journal entry to record depletion.
Please help prepare the journal entry to record depletion. On July 1,

On July 1, 2022. Swifty Inc. invested $700,520 in a mine estimated to have 844,000 tons of ore of unifarm grade. During the last 6 months of 2022,134,000 tons of ore were mined. (a1) Calculate depletion cost per unit, (Round answer to 2 decirnal ploces. es. 0.50.) Depletion cost per unit $ (32) Prepare the journal entry to record depletion. (List all debit entries befare credit entries. Credit account bicles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount biter and enter Ofor the amounts

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