11. Neil Oil Company drilled an exploratory well on a lease located in a remote area. The well found reserves but could not be classified as proved at this time. The company does not plan to drill any additional exploratory wells at this time. How should the costs of the well be handles? 12. Black Cloud Oil Company incurred the following costs during 2021: a. Began drilling an exploratory type stratigraphic test well. Incurred $\$ 250,000$ of IDC. b. Began drilling an exploratory-type stratigraphic test well, incurred $\$ 400,000$ of IDC. And $\$ 50,000$ in equipment costs. c. Began drilling a development-type stratigraphic test well, incurred $\$ 500,000$ of IDC. d. Began drilling a development type stratigraphic test well, incurred