Information from a run ticket shows that 1,000 net barrels of oil with an API gravity of 36º were sold. The selling price is based on a contract price of $66/bbl, adjusted downward 4¢ for each degree of gravity less than 40º. Compute the selling price for the 1,000 barrels.

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ACCT NO. DIST NO. COMPANY RUN TICKET NO. DATE OPERATOR LEASE NAME LEASE NO. WELL NO. FT. INCHES TEMP BBLS 1ST MEAS. TANK NO. 2ND MEAS. GRAVITY TANK SIZE OBSERVED TEMP. TRUE PRICE BS&W OFF-SEAL NO.'SON THIEFING BEFORE AFTER FT IN BS & WATER REMARKS AMOUNT CALCULATIONS