Record the following transactions:

a. Brock Oil Company incurred costs of \($30,000\) in preparing a drillsite.

b. The contractor was paid \($400,000\) on a day-rate contract (all intangible).

c. Equipment (casing) costs of \($75,000\) were incurred.

d. Costs of \($70,000\) were incurred in evaluating the well.

e. Brock Oil decided to complete the well and incurred costs of \($45,000\) (perforating and fracturing), \($60,000\) (cementing), and \($100,000\) (equipment) in completing the well.