Q$14$

Intermediate calculations to the nearest cent, and your final answer to the nearest dollar$)$

A$.$ Depletion Expense $-$ Oil Reserve $328,350$

Accumulated Depletion $-$ Oil Reserve

$328,350$

B$.$ Oil Reserve Inventory $328,350$

$\{\begin{array}{ccc}\text{:}& \text{A}\text{c}\text{c}\text{u}\text{m}\text{u}\text{l}\text{a}\text{t}\text{e}\text{d}\text{D}\text{e}\text{p}\text{l}\text{e}\text{t}\text{i}\text{o}\text{n}-\text{O}\text{i}\text{l}\text{R}\text{e}\text{s}\text{e}\text{r}\text{v}\text{e}& 328\\ 350\end{array}$

C$.$ Cost of Goods Sold $-$ Oil Reserve $328,350$

$\{\begin{array}{ccc}\text{:}& \text{A}\text{c}\text{c}\text{u}\text{m}\text{u}\text{l}\text{a}\text{t}\text{e}\text{d}\text{D}\text{e}\text{p}\text{l}\text{e}\text{t}\text{i}\text{o}\text{n}-\text{O}\text{i}\text{l}\text{R}\text{e}\text{s}\text{e}\text{r}\text{v}\text{e}& 328\\ 350\end{array}$

D$.$ Depletion Expense $-$ Oil Reserve $,328,350$

Oil Revenue $328,350$