Garfunkel Corporation has a working interest in Lease A. Data for the lease as of 12/31/18 is as follows:

REQUIRED: Calculate DD&A for each quarter of 2019, assuming the following production, using both methods described in the book.

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Proved developed reserves, oil...... Proved reserves, oil Account balances at 12/31/18 were as follows: Proved property.... Less: Accumulated DD&A-proved property Net proved property..... Wells and equipment..... Less: Accumulated DD&A-L&WE. Net wells and equipment... 120,000 bbl 180,000 bbl $ 120,000 40,000 $ 80,000 $1,600,000 300,000 $1,300,000 A new reserve estimate on October 31, 2019, was as follows: Proved developed reserves, oil.. Proved reserves, oil 100,000 bbl 150,000 bbl