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Question 6 Chapter 13 Jan.1, 2014, Wil Oil, Inc. erected an oil platform in the Gulf of Mexico. Wil is legally required to dismantle the
Question 6 Chapter 13 Jan.1, 2014, Wil Oil, Inc. erected an oil platform in the Gulf of Mexico. Wil is legally required to dismantle the platform at the end of its useful life, O Useful life estimated at 10 years The cost to build the platform is $10,000,000 Dismantling will cost an estimate of $1,000,000, in 2024. Discount rate estimated at 10 %........? The PV of the ARO is estimated at $385,500 (1mx.3855)
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