Metlock Company owns a 7,800-acre tract of timber purchased in 2006 at a cost of $1,456 per acre. At the time of purchase, the land was estimated to have a value of $336 per acre without the timber. Metlock Company has not logged this tract since it was purchased. In 2020, Metlock had the timber cruised. The cruise (appraiser) estimated that each acre contained 8,960 board feet of timber. In 2020, Metlock built 10 miles of roads at a cost of $8,350 per mile. After the roads were completed, Metlock logged and sold 3,920 trees containing 955,000 board feet. Determine the cost of timber sold related to depletion for 2020. (Round intermediate calculations to 5 decimal places, e. g. 1.24654 and final answer to 0 decimal places, e. g. 5,125.) Cost of timber sold $ If Metlock depreciates the logging roads on the basis of timber cut, determine the depreciation expense for 2020. (Round intermediate calculations to 5 decimal places, e. g. 1.24654 and final answer to 0 decimal places, e. g. 5,125.) Depreciation expense $ If Metlock plants five seedlings at a cost of $4 per seedling for each tree cut, how should Metlock treat the reforestation?