AlAnoud Oil Company, uses successful cost approach, owned the following unproved property Lease Acres Bonus/acre Type B C-F 10,000 8,000 20,000 $50 $75 $40 Allowance for impairment $100,000 $150,000 $480,000 Significant Significant Individually Insignificant During the current year, AlAnoud Oil found proved reserves on Lease B. The journal entry for this transaction include: A A debit to proved property of $600,000 B. A credit to unproved property of $ 450,000 C. A credit to allowance for impairment of $150,000 D. A debit to proved property of $450,000