Batches Incorporated produces joint products L, M, and N from a joint process. Information concerning a batch produced in May at a joint cost of $140,000 was as follows:

	L	M	N	Total
Separable Processing cost	$ 16,500	$ 38,000	$ 21,500	$ 76,000
Units Produced	3,800	9,000	6,900	19,700
Sales Value (after additional processing)	$ 86,000	$ 82,500	$ 46,000	$ 214,500

The amount of joint costs allocated to product L using the net realizable value method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar):