Yale Oil Company owns the working interest in a small lease in Louisiana that has a 1/6 royalty interest. The royalty interest owner is Mr. Bell. Yale also owns the working interest in numerous leases in Texas. Not having the facilities in Louisiana to develop the Louisiana lease, Yale assigns his entire working interest in the lease to Smith for a consideration of \($300,000\), and retains a 1/15 overriding royalty. Assuming revenues of \($42,000\) and costs of \($12,000\) the first year of operations, determine how much each economic interest owner will receive in revenue and pay in costs the first year of operations.