10. (10 pts) A piece of property in which the land owner (LO) has 100% mineral interest subject to the following deal Landowner retains 20% royalty interest Broker (B) sell the entire deal (100%) to Major Oil Company (MOC) retaining 4% ORRI proportionally reduced Major Oil farms out 100% of the deal for a 30% carried interest, proportionately reduced, to the point of payout to Independent Oil Company . Prepare the flowchart and table showing WI and NRI for this deal for the following periods: Period before payout, and Period after payout 10. (10 pts) A piece of property in which the land owner (LO) has 100% mineral interest subject to the following deal Landowner retains 20% royalty interest Broker (B) sell the entire deal (100%) to Major Oil Company (MOC) retaining 4% ORRI proportionally reduced Major Oil farms out 100% of the deal for a 30% carried interest, proportionately reduced, to the point of payout to Independent Oil Company . Prepare the flowchart and table showing WI and NRI for this deal for the following periods: Period before payout, and Period after payout