Please answer 8,9,10!!!

8. Your Company purchased a producing oil well for $2,000,000. The well was expected to produce 500,000 barrels of oil over its useful life. During the first year the company extracted 120,000 barrels of oil. The oil was sold for $20 per barrel. The company incurred $1,450,000 in operating expenses for the year. Calculate cost depletion for the year. 9. Your Company acquired equipment for cash costing $70,000 on 7/1/17 that has a 6-year life and an estimated salvage value of $4,000. Record the purchase. Date Account Titles Debit Credit 10. Your Company recorded depreciation on December 31st on the equipment acquired on 7/1/17. Use straight line depreciation. Date Account Titles Debit Credit