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 $125,000 was as follows:

	L	M	N	Total
Separable Processing cost	$ 15,000	$ 35,000	$ 17,000	$ 67,000
Units Produced	3,200	7,500	6,300	17,000
Sales Value (after additional processing)	$ 80,000	$ 75,000	$ 37,000	$ 192,000

The amount of joint costs allocated to product N 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):

Multiple Choice

$18,926.

$20,000.

$40,000.

$51,559.

$65,000.