Pacific Petroleum holds huge reserves of Assume that the end of 2018, Pacific Petroleum's cost of seved 18.000.000, representing 3 000 000 las Read the rements Requirement 1. Which method does Pacific Petrolimuse to compute depletion? w is the method used to compute depletion Requirement. Suppose Pacific Petroleum removed and sold 900,000 barels of oil during 2019 Joumalire depletion expense for 2015 Aune na red value Record deals the credit the opinion on the last line of the journey table) thate Accounts and Explanation Delt Credit i Requirements 900 - 1. Which method does Pacific Petroleum use to compute depletion? 2. Suppose Pacific Petroleum removed and sold 900,000 barrels of oil during 2019. Journalize depletion expense for 2019. Print Done