A company produces two products and incurs joint costs of $8…

A company produces two products and incurs joint costs of $80,000. The company is trying to determine whether the products should be sold at the split-off point or processed further, and is using the following data:                         If Processed Further Product Units Produced Total Sales Value at Split-Off  Total Additional Costs Total Sales Value A 2,000       $12,000         $2,800      $17,500 B 5,500       $31,000         $3,500       $32,700 If all units of both products are processed further after the split-off point, total net income will by .