Quiz Company produces four products from a common input. Joint costs to produce one batch total $130,000. All products can either be sold at the split-off point or processed further. Information for one batch of the joint products is as follows. Note: Round all allocation ratios to four decimal points. Round all dollar amounts to the nearest dollar. Determine the amount of joint costs allocated to Product 1 using the constant gross margin percentage method. (Use sales value after processing to determine gross margin.) Note: Give your answer using dollar signs and commas but no decimal points (cents)