Harmon Inc. produces joint products L, M, and N from a joint process. Information concerning a batch produced in May at a joint cost of $75,000 was as follows: L M N Total Separable Processing cost $10,000 $25,000 $2,000 $37,000 Units Produced 1,200 2,500 4,300 8,000 Sales Value at Split Off $45,000 $22,000 $4,500 $71,500 Sales Value (after addtl processing) $60,000 $50,000 $7,000 $117,000 The amount of joint costs allocated to product L using the sales value method is closest to (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar):