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 $120,000 was as follows: Separable Processing cost Units Produced Sales Value (after addt' 1 processing) L M N Total $ 14,500 $34, 000 $ 15,500 $ 64,000 3,000 7,000 6, 100 16, 100 $ 78,000 $72,500 $34, 000 $184,500 The amount of joint costs allocated to product M using the net realizable value method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar): Multiple Choice $17,349. $18,423 $38,340. $49,796. $63,237