4. Asian Petroleum holds huge reserves of oil. Assume that at the end of 2023, Asian Peuleum's cost of of reserves totaled $220,000,000. presenting 200,000,000 barrels of oil Suppose Asian Perum removed and sold 35.000 during 2024. Journalize depletion expense for 2024 (Assume no residual value Record debits first, then credis Select the explanation on the last line of the journal entry tabia Date Accounts and Explanation Debit Credit Doplation Expense Oil Reserves Accumulated DepletionOf Reserves cry