using this information, solve and complete journal entry.

Nash Corporation acquires a coal mine at a cost of $391,680. Intangible development costs total $102,000. After extraction has occurred, Nash must restore the property (estimated fair value of the obligation is $81,600 ), after which it can be sold for $163,200. Nash estimates that 4.080 tons of coal can be extracted. If 714 tons are extracted the first year, prepare the journal entry to record depletion. (If no entry is required, select "No entry" for the occount titles and enter 0 for the amounts. Credit account titles are outomatically indented when amount is entered. Do not indent manually. List debit entry before credit entry)