Oregon Ore purchased a vein of coal ore for $5,260,000. It is estimated that 32,000,000 tons of ore are available to be extracted. The estimated depletion expense for this year's extraction of 2,770,000 tons of ore is: (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)
◦ $498,600.
◦ $409,339.
◦ $5,260,000.
◦ $443,200.