9- Shell oil Company operates under a production sharing contract (PSC) in the Sudan. Shell oil company has 45% of the working interest, and Khartoum oil Company (Which is owned by the Sudan government) has 55% of the working interest. Cost oil is limited to 50% of annual gross production. The annual gross production for the first year was 8,000,000 barrels of oil. The selling price per barrel is $50. The production cost for the first year was $10,000,000. The share of Khartoum oil company to recover its production costs was A- 150,000 Barrels B-120,000 Barrels I C-110,000 Barrels D- 100,000 Barrels