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: The amount of joint costs allocated to product M using the net realizable value method is (calculate all ratios and percentages to 4 decimal places, fo example 33.3333%, and round all dollar amounts to the nearest whole dollar): Multiple Choice $23,691. $24,765. $44,982. $56,812. $70,253