Holmes Company has already spent $$84,000$ to harvest peanuts. Those peanuts can be sold as is for $$91,500.$ Alternatively, Holmes can process further into peanut butter at an additional cost of $$413,000.$ If Holmes processes further, the peanut butter can be sold for $$574,000.$

$($a$)$ Prepare a sell as is or process further analysis of income effects.

$($b$)$ Should Holmes sell as is or process further?