--- 5. Unger Petroleum Company incurred the following costs during 2018: February 3 Cost of G&G activities to locate an oil prospect ......... S120.000 March 9 Acquisition costs for a 500-acre lease: lease bonus S60/acre: other costs incurred in acquiring the property 3.000 June 1 Dry-hole costs of an exploratory well 324,000 June 28 Successful exploratory well costs.... 418,000 August 27 Cost of production facilities such as flow lines and separators 225.000 September 5 Production costs. 81,000 REQUIRED: Prepare journal entries for the above transactions using the full cont method of accounting. 2014