A company produces three products from a common process costing $600,000. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. Shown below are cost and selling price data for the previous period. Number of Units Produced Selling Price after Split-Off Point Product 7 2,500 Cost to Selling Price at Process Split-Off Point Further $75 $55,000 $120 $75,000 $150 $50,000 $100 Product 23 3,200 $150 Product 43 1,800 $175 Determine which products should be sold at the split-off point and which products should be processed further, then calculate total net income after this decision has been made