nr 110 Equipment used in testing and completing a development well cost sao. has a 10-year life with a salvage value of $5,000. The equipment is a support equipment and facilities. The equipment was used for fourm drilling Kelly #1. Ignore the wells-in-progress account and use the a final account. 1 cost $50,000 and nent is classified as ed for four months in nt and use the appropriate REQUIRED: Record depreciation