Required a, b, c, and d

Problem 10-7A Natural resources LO P3 On July 23 of the current year, Dakota Mining Co. pays $7.813.200 for land estimated to contain 9,192.000 tons of recoverable ore It installs machinery costing $1,746,480 that has a 10-y year life and no salvage value and is capable of mining the ore deposit in eight is paid for on July 25, seven days before mining operations begin. The company removes and selis 471750 tons of ore during its first five months of operations ending on December 31. Depreciation of the machinery is in proportion to the mine's depletion as the machinery will be abandoned after the ore is mined Required: Prepare entries to record the following. (Do not round your intermediate calculations. Round "Depletion per ton" to two decimal places and round all other answers to the nearest whole dollar.) (a) To record the purchase of the land (b) To record the cost and installation of machinery (c) To record the first five months' depletion assuming the land has a net salvage value of zero after the ore is mined (d) To record the first five months' depreciation on the machinery. Complete this question by entering your answers in the tabs below Required A Required B Required C1 Required C2 Required Di Required D2 To record the purchase of the land. View transaction list Journal entry worksheet Record the cost of the ore mine of $7,813,200 cash. Note: Enter debits before credits