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Adaptive Assignment Chapter 9 X w Assignment introduction - Adap X ve-assessment-player/index.html?launchid=b8015bea-13f0-43b4-bc72-142901eacf20#/activity 9.4 Natural Resources and Intangible Assets Diversified Drilling purchased an oil well for

Adaptive Assignment Chapter 9 X w Assignment introduction - Adap X ve-assessment-player/index.html?launchid=b8015bea-13f0-43b4-bc72-142901eacf20#/activity 9.4 Natural Resources and Intangible Assets Diversified Drilling purchased an oil well for $7,850,000. Additional costs included drilling rights of $1,350,00 costs of $1,800,000. The salvage value was estimated to be zero. If 4,400,000 barrels are expected to be extr years, what is the book value of the oil well after the first year if 625,000 barrels of oil are extruded? O $8,279,261 O $9,437,500 O $7,893,182 O $9,625,000 4 + Save for Later DOLL N
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