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Big Ol Company purchased an all serve for $1,500,000. It estimated It would traa 500,000 barrels of all from the reserve By Ol extracted the

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Big Ol Company purchased an all serve for $1,500,000. It estimated It would traa 500,000 barrels of all from the reserve By Ol extracted the oil and sold reporting grous recipe of 51.6 million, 52.5 million, and 2 million for years through 3. respectively During Years through), Big Ol reported net income (s) am tu lady in the amount of ($100,000). 5400,000, and $100,000, respectively. In Years 1 through), Big O actually catriched 300,000 barrels of oil an Barrels extracted per year Year 1 Year 2 Year 3 50,000 150 000 100 000 What is Big Ors percentage depletion deduction for Your 21 the applicable percentage depletion for ol la 15 percent? 5375.000 5400.000 5200 000 None of the choices are come $450.000 Big Ol Company purchased an all serve for $1,500,000. It estimated It would traa 500,000 barrels of all from the reserve By Ol extracted the oil and sold reporting grous recipe of 51.6 million, 52.5 million, and 2 million for years through 3. respectively During Years through), Big Ol reported net income (s) am tu lady in the amount of ($100,000). 5400,000, and $100,000, respectively. In Years 1 through), Big O actually catriched 300,000 barrels of oil an Barrels extracted per year Year 1 Year 2 Year 3 50,000 150 000 100 000 What is Big Ors percentage depletion deduction for Your 21 the applicable percentage depletion for ol la 15 percent? 5375.000 5400.000 5200 000 None of the choices are come $450.000

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