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1.4.2.If 50% of the total investment is intangible drilling cost (IDC) and 25% of the IDC can be amortized with straight line method over 4
1.4.2.If 50% of the total investment is intangible drilling cost (IDC) and 25% of the IDC can be amortized with straight line method over 4 years in tax model. What is the amount of amortized IDC for year 1? (5 pts) 4 1.4.2.If 50% of the total investment is intangible drilling cost (IDC) and 25% of the IDC can be amortized with straight line method over 4 years in tax model. What is the amount of amortized IDC for year 1? (5 pts) 4
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