(b) Breyana Inc. incurred the following costs in 2020: (i) Began drilling an exploratory well. Incurred $75,000 IDC and the well was dry. (1) Began drilling an exploratory well. Incurred $85,000 IDC and the well was a proved reserve. (1) Began drilling a development well. Incurred $95,000 IDC and the well was dry. (iv) Began drilling a devleopment well. Incurred $105,000 IDC and the well was a proved reserve. Required: Prepare the journal entry for each of the above situations. (8 points]