17. Lynx Oil Company, a successful efforts company, had the following costs as of December 31, 2018 related to the Speer Lease: Proved property: $200,000 Accumulated DD&A-proved property: $60,000 Well No. 1-Wells and equipment: $700,000 Well No. 2-Wells and equipment: $840,000 Accumulated DD&A-All Wells: $1,000,000 During early January 2019, Well No. 2 quit producing and was abandoned. In March 2019, Well No 1. quit producing, and the well and the lease were abandoned. Prepare all of the necessary journal entries for January 2019 and March 2019