Graham Corp. has 1,000 cartons of oranges that were harvested at a cost of $27,200. The oranges can be sold as is for $31,280. The oranges can be processed further into orange juice at an additional cost of $12,600 and be sold at a price of $47,400. The net benefit (additional income) from processing the oranges into orange juice instead of selling as is would be:

rev: 12_08_2020_QC_CS-243270

Multiple Choice

• $(3,520).

• $3,520.

• $16,120.

• $(16,120).

• $34,800.