The following account balances for 2018 and 2019 relate to a proved property: 12/31/19 $ 30,000...

   

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The following account balances for 2018 and 2019 relate to a proved property: 12/31/19 $ 30,000 Proved property cost ..... Accumulated DD&A-proved property Wells and equipment-IDC..... Accumulated DD&A-L&WE-IDC.. Wells and equipment-L&WE..,. Accumulated DD&A-wells and equipment-L&WE.. 55,000 12/31/18 $ 30,000 6,000 350,000 60,000 250,000 ... 450,000 325,000 2019 800,000 Mcf 900,000 Mcf 500,000 Mcf 700,000 Mcf 40,000 Mcf 60,000 Mcf 2018 Proved reserves, 12/31.... .. Proved developed reserves, 12/31 Production during 2018 and 2019. REQUIRED: Compute DD&A for the year ended 12/31/19. The following account balances for 2018 and 2019 relate to a proved property: 12/31/19 $ 30,000 Proved property cost ..... Accumulated DD&A-proved property Wells and equipment-IDC..... Accumulated DD&A-L&WE-IDC.. Wells and equipment-L&WE..,. Accumulated DD&A-wells and equipment-L&WE.. 55,000 12/31/18 $ 30,000 6,000 350,000 60,000 250,000 ... 450,000 325,000 2019 800,000 Mcf 900,000 Mcf 500,000 Mcf 700,000 Mcf 40,000 Mcf 60,000 Mcf 2018 Proved reserves, 12/31.... .. Proved developed reserves, 12/31 Production during 2018 and 2019. REQUIRED: Compute DD&A for the year ended 12/31/19.