10-please help

Required information Problem 22-5AA (Algo) Allocation of joint costs LO C2 [The following information applies to the questions displayed below.) California Orchards reports the following sales data for the year ended December 31. Grade of Walnuts Number 1 Number 2 Number 3 Total Sales $ 463,500 360,500 206,000 $ 1,030,000 The company incurred the following joint costs for the year. Tree pruning and care Pickup, sorting, and grading $ 669,500 133,900 Problem 22-5AA (Algo) Part 2 2. Compute gross profit for each of the three grades of walnuts. Assume, cost of goods sold consists only of the joint costs. Grade Gross Profit Number 1 Number 2 Number 3 Total