Please help with the below questions.

Cullumber Mining Company purchased a mine for $60 million, which is estimated to have 250,000 tons of ore and a salvage value of $1 million. (a) Your answer is partially correct. In the first year, 55,000 tons of ore are extracted and sold. Prepare the journal entry to record depletion for the first year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Account Titles and Explanation Debit Credit Inventory 14750000 Accumulated Depletion 14750000 eTextbook and Media Assistance Used List of Accounts Assistance Used Save for Later Attempts: unlimited Submit Answer (b) In the second year, 150,000 tons of ore are extracted but only 127,000 tons are sold. Prepare the journal entry to record depletion for the second year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit CreditPresented below are two independent transactions. Both transactions have commercial substance. 1. Ayayai Co. exchanged old trucks (cost $60,000 less $18,000 accumulated depreciation) plus cash of $15,000 for new trucks. The old trucks had a fair value of $39,000. 2. Whispering Winds Inc trades its used machine (cost $10,500 less $3,500 accumulated depreciation) for a new machine. In addition to exchanging the old machine (which had a fair value of $9,500), Whispering Winds also paid cash of $2,500. (a) Prepare the entry to record the exchange of assets by Ayayai Co. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Include in your journal entry separate account entries for both the new and old equipment, Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Save for Later Attempts: unlimited Submit Answer (b) Prepare the entry to record the exchange of assets by Whispering Winds Inc. (List all debit entries before credit entries. Creditaccount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Include in your journal entry separate account entries for both the new and old equipment Account Titles and Explanation Debit Credit