Moon Oil Company owned the following unproved property at 12/31/41:

Significant Leases	Cost	Impairment	Insignificant Leases	Cost	Total Impairment
Lease A	$350,000	$150,000	Lease C	$25,000
Lease B	$450,000	$120,000	Lease D	$35,000
			Lease E	$18,000
			Lease F	$12,000
				$90,000	$40,000

Requirement:
 Prepare journal entries for 2042, assuming the following events:
 a. Proved reserves were found on Lease A and Lease B.
 b. Lease D was abandoned.
 c. Lease E was impaired by an additional $8,000.