PLEASE THIS IS THE $4$TH TIME I HAVE ASKED THIS QUESTION, THEY KEEP GIVING ME WRONG ANSWERS OR DIFFERENT SOLUTIONS.

In $2024,$ the Marion Company purchased land containing a mineral mine for $$1,700,000.$ Additional costs of $$667,000$ were incurred to

develop the mine. Geologists estimated that $420,000$ tons of ore would be extracted. After the ore is removed, the land will have a

resale value of $$120,000.$

To aid in the extraction, Marion built various structures and small storage buildings on the site at a cost of $$161,700.$ These structures

have a useful life of $10$ years. The structures cannot be moved after the ore has been removed and will be left at the site. In addition,

new equipment costing $$91,200$ was purchased and installed at the site. Marion does not plan to move the equipment to another site,

but estimates that it can be sold at auction for $$3,000$ after the mining project is completed:

In $2024,52,000$ tons of ore were extracted and sold. In $2025,$ the estimate of total tons of ore in the mine was revised from $420,000$

to $507,500.$ During $2025,82,000$ tons were extracted, of which $62,000$ tons were sold:

Required:

Compute depletion and depreciation of the mine and the mining facilities and equipment for $2024$ and $2025.$ Marion uses the

units$-$of$-$production method to determine depreciation on mining facilities and equipment.

Compute the book value of the mineral mine, structures, and equipment as of December $31,2025.$

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Required $2$

Compute depletion and depreciation of the mine and the mining facilities and equipment for $2024$ and $2025.$ Marion uses the

units$-$of$-$production method to determine depreciation on mining facilities and equipment.

Note: Do not round intermediate calculations. Round your final answers to nearest whole dollar.

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Required $1$

Compute the book value of the mineral mine, structures, and equipment as of December $31,2025.$

Note: Do not round intermediate calculations. Round your final answers to nearest whole dollar.