Cambridge Company manufactures three main products, L, M, and N, from a joint process. Additional information for June production activity follows: M 67,000 50,000 Units produced Joint costs Sales value at split-off Additional costs if process further Sale value if processed further N 13,000 ? $70,000 $22,000 $88,000 Total 130,000 $ 460,000 $ 780,000 $160,000 $966,000 $430,000 $ 98,000 $548,000 $280,000 $ 40,000 $330,000 Assuming that the 13,000 units of N were processed further and sold for $88,000, what was Cambridge's gross profit from this sale? Assume the physical quantities method of allocation is used. Multiple Choice 0 $20,000. 0 $37,938. 0 $40,000. 0 $81,338