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Bear Company has 8 0 % and is the operator on an offshore block in the GulfGate Company has a 2 0 % and the

Bear Company has

80 %

and is the operator on an offshore block in the GulfGate Company has a

20 %

and the royalty rate is

10 % .

Production for the month

500, 000

barrels and the sales price is $

70 .

How much revenue goes to Bear?

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