Encore Corp. has 280 units of finished product in inventory that originally cost $70,000 to manufacture. It could be sold as scrap to a buyer in Brazil for $42,000 minus transportation cost of $15 per unit. Alternatively, the 280 units of inventory could be sold domestically for $62,000 if it is processed further at an additional cost. Encore processes the old inventory further, but that decision results in a decrease in Encore's net income of $3,000. Calculate the additional processing cost of the old inventory (round to nearest $1)