Graham Corporation has 1,000 cartons of oranges that were harvested at a cost of $26,500. The oranges can be sold as is for $30,000. The oranges can be processed further into orange juice at an additional cost of $12,500 and be sold at a price of $46,000. The incremental income (loss) from processing the oranges into orange juice would be: Multiple Choice $16,000 O $(16,000). $33,500. O O $3,500. O $(3,500)