24. Libby Petroleum incurred and paid the following costs during 2019 Lease A LeaseB LeaseC LeaseD Purchased Purchased Acquisition costs S 30,000 35,000 in 2019 in 2019 Well type Exploratory Exploratory Development Development Drilling costs Drilling concractor's charges-day-rate 180,000 200,000 160,000 $190,000 Casing 30,000 35,000 28,000 22,000 Production equipment 75,000 80,000 Well logs1015,000 12,000 14,000 Drilling results Well dry Found proved Well dry Found proved REQUIRED: Record the above transactions 24. Libby Petroleum incurred and paid the following costs during 2019 Lease A LeaseB LeaseC LeaseD Purchased Purchased Acquisition costs S 30,000 35,000 in 2019 in 2019 Well type Exploratory Exploratory Development Development Drilling costs Drilling concractor's charges-day-rate 180,000 200,000 160,000 $190,000 Casing 30,000 35,000 28,000 22,000 Production equipment 75,000 80,000 Well logs1015,000 12,000 14,000 Drilling results Well dry Found proved Well dry Found proved REQUIRED: Record the above transactions