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After 20 years of operations, Prince Oil still operates exclusively in the United States. The following data are available as of 12/31/2020 Production 50,000 bbl

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After 20 years of operations, Prince Oil still operates exclusively in the United States. The following data are available as of 12/31/2020 Production 50,000 bbl Proved developed reserves, 12/31 130,000 bbl Proved reserves, 12/31 360,000 bbl Unrecovered costs $1,300,000 . Net salvage value of properties 200,000 Estimated future development costs for proved reserves 400,000 REQUIRED: Compute DD&A assuming no exclusions from the amortization base. For numerical answers: (1) DO NOT US commas to separate thousands places in numerical answers (2) use a minus sign to indicate negative numbers (3) DO NOT so dollar signs. (4) amounts should be entered from smallest (at top of the entry lino Items) to largest (at bottom of the entry), which is ascending order

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