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Graham Corporation has 1,000 cartons of oranges that were harvested at a cost of $27,000. The oranges can be sold as is for $30,960. The

Graham Corporation has 1,000 cartons of oranges that were harvested at a cost of $27,000. The oranges can be sold as is for $30,960. The oranges can be processed further into orange juice at an additional cost of $12,575 and be sold at a price of $47,050. The incremental income (loss) from processing the oranges into orange juice would be

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