An oll well cost $1,812,500 and is calculated to hold 180,000 barrels of oil. There is no residual value. Which jounal entry is needed to reoord the expense for the extraction of 36,000 barrels of oil during the year? All 36,000 barrels were sold during the year. (Round any intermediate calcufations to the nearest cont, and your final answer to the nearest dolar) OA, Cost of Goods Sold . Reserve 362,520 Accumulated Depletion- Reserve 362,520 O B. Depletion Expense-O Reserve 362,520 Acorulated Depletion- Reserve C. Og Reserve nwtory Accumulated Deplein- Reserve 362,520 OD. Depletion Expense- Reserve Revenue Click to select your answer 28) Rocco earns $14.5 per hour for straig s gross pay 43 pages google.com a Search or enter website name 8 6 5 4. 2 3