Balance sheet data for Great Petroleum as of 12/31/15 is as follows for Lease A:

Great Petroleum’s activities during 2016 related to Lease A were as follows:

Calculate DD&A for 2016, assuming Lease A constitutes a separate amortization base.

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Leasehold costs. Less: Accumulated DD&A. Net leasehold costs Wells and equipmentIDC. Less: Accumulated DD&A-IDC. Net wells and equipmentIDC Wells and equipmentL&WE.. Less: Accumulated DD&A-L&WE. Net wells and equipment L&WE... $ 100,000 20,000 $ 80,000 $1,100,000 300,000 $ 800,000 $ 700,000 50,000 $ 650,000