14. Lynx Oil Company, a successful efforts company, drilled the Tivoli #970 exploratory well during March 2021 for $2,500,000 of IDC and $500,000 of equipment costs. Lease acquisition costs on January 3, 2021 totaled $125,000. The well was determined to be dry on April 14, 2021. Give the entries to record the acquisition costs, well costs, and any final entries necessary to record the dry hole and lease abandonment