5. The following are costs incurred on Murphy lease: I reat eacn or the rolowing independentiy: a. A fourth well, an exploratory well, was drilled at a cost of $175,000 and was determined to be dry. Give the entry to record the dry hole. b. Give the entry to record abandonment of Well 2. Equipment costing $20,000 was salvaged. Accumulated DD\&A on wells and related E\&F was $300,000. Wells 1 and 3 are still producing. c. Give the entry to record abandonment of the entire Murphy lease. Assume the lease constituted a separate amortization base with accumulated DD\&A on leasehold costs of $30,000 and accumulated DD\&A on wells and related E\&F of $300,000. d. Give the entry to record abandonment of the entire Murphy lease, assuming instead that amortization had been computed on a field-wide basis with accumulated DD\&A on leasehold costs of $400,000 and accumulated DD\&A on wells and related E\&F of $2,500,000