Cambridge Company manufactures three main products, L, M, and N, from a joint process. Additional information for June production activity follows: Units produced Joint costs Sales value at split-off Additional costs if process further Sale value if processed further L 63,600 ? $ 428,000 $ 96,000 $546,000 M 48,000 ? $ 278,000 $ 38,000 $328,000 N 12,400 ? $ 68,000 $ 20,000 $ 86,000 Total 124,000 $ 458,000 $ 774,000 $ 154,000 $ 960,000 Assuming that the 12,400 units of N were processed further and sold for $86,000, what was Cambridge's gross profit from this sale? Assume the physical quantities method of allocation is used. Multiple Choice $78,258. O $20,200. O $36.051 o $38.000