2. Shaw Corp. manufactures three products from a common input in a joint processing operation, Join sts up to the split-off point total $200,000 per year. The company allocates these costs to the j the basis of their total sales value at the split-off point. s these costs to the joint products on Each product may be sold at the split-off point or processed further. The additional processing value after further processing for each product (on an annual basis) are: point or processed further. The additional processing costs and sales Sales Value After Further Sales Value Processing Further at Split-Off Costs Product J.... Product K Product L.. $180,000 S60,000 $230,000 $135,000 S105,000 $280,000 S85,000 $160,000 $95,000 The "Further Processing Costs" consist of variable and avoidable fixed costs. Which product(s) should be sold at the split-off point. Which product(s) should be processed further? 3. Th useful life of seven years. The com of the investment, excluding its intangible benefits, is negative $607,020. e management of Kenner Corporation is investigating the purchase of a new satellite routing system with pany uses a discount rate of 8% in its capital budgeting. The net present value ld must the additional cash flow per year from the intangible benefits be to make the investment in the automated equipment financially attractive? 4. Boelkes Corporation uses a discount rate of 1 8% in its capital budgeting. Partial analysis of an nvestment in automated equipment with a useful life of 5 vears has thus far vielded a net present value of -$327,960. This analysis did not include any estimates of the intangible benefits of automating this process nor did it include any estimate of the salvage value of the equipment. a. Ignoring any salvage value, how large would the additional cash flow per year from the intangible benefits have to be to make the investment in the automated equipment financially attractive? b. Ignoring any cash flows from intangible benefits, how large would the salvage value of the automated equipment have to be to make the investment in the automated equipment financially attractive