15. During 2005, Willis Oil Company incurred the following costs in connection with the nd other an the well

G&G costs to locate wellsite . Surface damages .. Surface casing . Contractor's fee/day workrate Equipment rentals . Drilling fluids Drillblts . . Cementing services Casingcrews Roustabout labor . Hauling and transportation . production casing . Tank battery Lines and connections . Pumping unit motor and accessories Casinghead and connections . , . Tubing . . Separating and treating equipment Measuring equipment Downhole pump and rods 15. During 2005, Willis Oil Company incurred the following costs in connection with the Grove lease. a. Acquired the 800 acres Grove lease at a lease bonus Of $70 per acre and Other acquisition costs Of $10,000. b. Incurred the following costs in connection with Grove . 7,500 . $ 3,000 15,000 7,000 . 175,000 200,000 . . 35,000 . . $ 20,000 5,000 . 6,000 8,000 36,000 . . 11,000 . 5,500 . 50,000 6,500 . 8,500 . 7,100 300 . 5,600 Record the above transactions. Hint: The type Of equipment installed when the well reached target depth indicates whether the well was successful or dry.