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0 January 1 2020 Dillingus purchase and on which it plans to dris for oil for $4,600,000, Drilling Rus believes it will drill for oil

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0 January 1 2020 Dillingus purchase and on which it plans to dris for oil for $4,600,000, Drilling Rus believes it will drill for oil for 6 years during which time it will remove 1,000,000 barrels of oil from the ground. Federal and State law requires all drilling companies to perform environmental clean-up at the conclusion of their drilling operation. Drilling us estimates that the clean-up efforts for this site will cost $880,000, and once cleaned up it will sell the land for $940,000 Drilling Rus typically borrows money to Calculate the depletion rate per barrel of oil round your answer to the nearest cent) How much accretion expense will be recognized in 2020 round your answer to the nearest dollar? 0 January 1 2020 Dillingus purchase and on which it plans to dris for oil for $4,600,000, Drilling Rus believes it will drill for oil for 6 years during which time it will remove 1,000,000 barrels of oil from the ground. Federal and State law requires all drilling companies to perform environmental clean-up at the conclusion of their drilling operation. Drilling us estimates that the clean-up efforts for this site will cost $880,000, and once cleaned up it will sell the land for $940,000 Drilling Rus typically borrows money to Calculate the depletion rate per barrel of oil round your answer to the nearest cent) How much accretion expense will be recognized in 2020 round your answer to the nearest dollar

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