Tiger Oil Company had an exploratory well in progress at the end of 2008. Total costs incurred by 12/31/08 were \($300,000.\) During January of 2009, drilling was continued and costs of \($200,000\) were incurred. Total depth was reached and the well was determined to be dry by the end of January. Assuming Tiger’s financial statements are not published until early February, what costs, if any, should be expensed for 2008 and for 2009?