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Kiki, who incurred intangible drilling costs (IDC) of $112,600 during the year, deducted that amount. Her net oil and gas income for the year was
Kiki, who incurred intangible drilling costs (IDC) of $112,600 during the year, deducted that amount. Her net oil and gas income for the year was $135,120. Currently, Kiki has no income from geotherma...
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077647094
