Question $6,$ SF$10-11$

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Arabia Petroleum holds huge reserves of oil assets. Assume that at the end of $2024,$ Arabia Petroleum's cost of oil reserves totaled $$15,000,000,$ representing $3,000,000$ barrels of oil.

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Requirement $1.$ Which method does Arabia Petroleum use to compute depletion? $$ is the method used to compute depletion.