Roberts Oil Company has the following information at 12/31/05: Capitalized costs, plus future development costs Accumulated DD&A..

Roberts Oil Company has the following information at 12/31/05:

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Capitalized costs, plus future development costs Accumulated DD&A.. Proved reserves-Oil $2,000,000 800,000 200,000 bbl 800,000 Mcf -Gas Production in 2005: Oil 15,000 bbl Gas 70,000 Mcf Sold at average price of $20 per bbl Sold at average price of 1.25 per Mcf The current prices at 12/31/05 are: Oil Gas $22.00 bbl 1.50 Mcf Compute DD&A using the unit-of-revenue method.