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An exploratory well had the following costs that are appropriately assigned to the well: Depreciation on support equipment.. Operating costs of the support equipment

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An exploratory well had the following costs that are appropriately assigned to the well: Depreciation on support equipment.. Operating costs of the support equipment (including fuel, maintenance, labor, etc.)..... .... $ 5,000 12,000 REQUIRED: Record the above amounts assuming the well was dry.

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