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Graham Corporation has 1,000 cartons of oranges that were harvested at a cost of $29,600. The oranges can be sold as is for $35,120. The
Graham Corporation has 1,000 cartons of oranges that were harvested at a cost of $29,600. The oranges can be sold as is for $35,120. The oranges can be processed further into orange juice at an additional cost of $12,900 and be sold at a price of $51,600. The incremental income (loss) from processing the oranges into orange juice would be
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