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Roma Oil Company incurred $100,000 G & G expenses and$1000,000 drilling costs. The estimated costs to complete the well(installing casing, Christmas tree, etc.) are $500,000.

Roma Oil Company incurred $100,000 G & G expenses and$1000,000 drilling costs. The estimated costs to complete the well(installing casing, Christmas tree, etc.) are $500,000. Roma'sestimated di Roma Oil Company incurred \( \$ 100,000 \mathrm{G} \) \& \( \mathrm{G} \) expenses and \( \$ 1000,000 \) drilling costs. The estimated costs to complete the well (installing casing. Christmas tree, et 2 answers

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