QUESTION 11 Use the following information for Question 11-12 Raghad Oil Company, a small company exploring oil and gas incurred the following cost during 2020 January 1 Acquisition cost for a 5,000 acres lease: lease bonus at $50/acre February 2 Paid $500,000 for G&G cost June 1 Dry hole cost of an exploratory well of $400,000 September 1 Successful exploratory well cost of $320,000 November 1 Cost of production facilities of $250,000 December 25 Production cost of $180,000 On which date, the journal entry will be the same either recording using full cost method or successful efforts method? A. February 2 B. None of the choice C. June 1 D.January 1