3. Hostetler Energy owns 70%, Challenger Company owns 20%, and Hill Oil Company owns 10% of the working interest property 1004. Assume Hostetler Energy is the operator and incurs the following costs during the month of September 2013, in connection with the property: Salaries and wages, field employees. $6,000 Salaries and wages, first-level field supervisors .. 2,000 Operator's cost of holiday, vacation, sickness, and disability benefits, 8% of above 640 Social Security tax, 7.5% of above 600 Employee benefits, group life insurance. Material installed on property from Hostetler's inventory ... 300 Transportation of material and employees 1,200 miles @ $0.25/mile .... 300 Contract service, reacidizing (workover). 2,500 Purchase and installation of compressor unit Repair of Christmas tree 500 Property taxes paid 500 Insurance premium paid. 800 Overhead, two wells @ $700/well. 1,400 1,920 1,500 REQUIRED: Give the entries to record and distribute the costs, assuming regular accounts are used