A joint process of making Products M1, M2, and M2 has incurred a $280,000 cost. The following information is given:

Product	Sales value now (at split-off)	Further processing cost	Sales value after further processing
M1	$100,000	n.a	n.a
M2	$500,000	n.a	n.a
M3	n.a	$200,000	$600,000

The company allocates the joint cost to the products using the estimated net realizable value method. The costs allocated to M3 is $__________.

	A.	$112,000
	B.	$160,000
	C.	$124,000
	D.	$93,333
	E.	$140,000