i need only accounting experts $-30.$ Sam Field, located in northern Alaska, is jointly owned by Smith Company $(60\%$ WI$)$ and Joyner Company $(40\%$ WI$).$ Smith, which is the operator, estimates that gross gas production during July will be $40,000$ Mcf$.$ Smith Company makes confirmed nominations of $30,000$ Mcf$,$ and Joyner Company makes confirmed nominations of $10,000$ Mcf to a pipeline company. Actual July production totals $50,000$ Mcf$.$ Assume that the appropriate price is $$10\mathrm{.}80/$Mcf$.$REQUIRED: Determine the number of Mcfs of actual production to be allocated to each party, along with each producer's resulting overdeliveries and underdeliveries to the pipeline, using the following:

$*$ The confirmed nominations method

$*$ The entitlement method