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Question 11 Mateen Corporation operates solely in Alaska. The following data are as of 31 December 2019: $900,000 $50,000 Unrecovered cost Net salvage value of
Question 11 Mateen Corporation operates solely in Alaska. The following data are as of 31 December 2019: $900,000 $50,000 Unrecovered cost Net salvage value of properties Estimated future development cost for proved reserves Proved reserves, Dec 31 Proved developed reserves, Dec. 31 Production $200,000 150,000bbl 80,000bbl 30,000bbl Compute DD&A assuming no exclusions from the amortization base. O $170,000 $175,000 O $177,500 $177,000 O $157,000 $175,800
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