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Ephrayim Oil and Gas Company abandoned a proved property late in 2020. Costs relating to the property are as follows: Proved property Wells and Equipment

Ephrayim Oil and Gas Company abandoned a proved property late in 2020. Costs relating to the property are as follows: Proved property Wells and Equipment Exploratory dry holes Paid-up Ordinary Shares Journalized the transaction: 2,150,000 1,750,000 480,000 18,500,000 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B IUS Paragraph Arial TTTT - - 10pt 111 E IT "E

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