Use the information in the first Question to answer the remaining questions. Show your work for partial marks should you miss a number. If you show your work and the error carries over I can adjust yor mark. Example: $120+$90+$6-$17=$199. Saved Question 65 (3 points) Listen It is year-end for your E&P Company and you have been tasked to compile the information required for your financial statements. Remember, the following is historical information not a prediction. Show your work. (33 marks) Average Daily Oil Production for 2017 2000 bopd Average oil price $65/bbl dn. Average oil royalties 20% Processing income $700,000/month Monthly field fixed operating costs $75,000/month General and Administration costs $4,500,000 Variable operating cost $11/bbi Accounts receivables $3,500,000 Cash $2,500,000 Inventory $1,000,000 Accounts payable $750,000 Bank Debt $5,400,000 Common shares issued 150,000,000 Land, equipment and reserves value $240,000,000 Federal income tax rate 15% Alberta Income tax rate 12% Days in the year 365 Question 73 (3 points) Listen What are your Total Liabilities? (3 marks) I Question 74 (3 points) Listen What do you own in Total Assets? (3 marks) Question 75 (3 points) ) Listen Long Term Debt to Total Assets Ratio (3 marks) A/ Question 72 (3 points) Saved 4) Listen What were your Earnings (Net Income before taxes) per share? (3 marks) 0.25 AM