When an entity extracts natural resources from the earth, the entity records depletion by doingwhich of the following?

A

Applying its computed per$-$unit depletion rate to thenumber of units sold during the period to determine thetotal amount of depletion for the period, that is$,$ bothinventoried and expensed depletion

B

By applying a decreasing fraction each year to thedepreciable base. The denominator remains unchanged forall future computations, but the numerator decreases withtime

C

Computing a per$-$unit depletion rate by dividing thedepletable base of the natural resource, less any estimatedresidual value, by the estimated number of units availablefor extraction

D

Depreciating expense using the straight$-$line method