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Question 3 Assume the following data for Alexander Company for the year 2019, 2020 and 2021. Year Lifting (Production) Costs (excluding DD&A) DD&A Production $

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Question 3 Assume the following data for Alexander Company for the year 2019, 2020 and 2021. Year Lifting (Production) Costs (excluding DD&A) DD&A Production $ $ bbl 2019 700,000 850,000 320,000 2020 680,000 785,000 287,000 2021 575,000 723,000 365,000 Compute the DD&A per BOE for 2020. O2.3752 2.7352 2.7532 2.7523 O2.3572

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