Joint Cost Cheyenne, Inc. produces three products follow a common input. The joint costs for a typical quarter follow: The revenues from each product are as follows: Management is considering processing Product A beyond the split-off point, which would increase the sales value of Product A to $116,000. However, to process Product A further means that the company must rent some special equipment costing $17, 500 per quarter. Additional materials and labor also needed would cost $12, 650 per quarter. Required: What is the gross profit currently being earned by the three products for one quarter? What is the effect on quarterly profits if the company decides to process Product A further