Required information SB The following information relates ... [The following information applies to the questions displayed below.] The following information relates to a joint production process for three products, with a total joint production cost of $175,000. There are no separable processing costs for any of the three products. Brief Exercise 7-20 [LO 7-6] Assume that the total sales value at the split-off point for product 1 is $87,500 instead of $227,500 and the sales value of product 3 is $3,500 instead of $35,000. Assume also that the firm treats product 3 as a joint product and uses the net realizable value method for accounting for joint costs. There are no separable processing costs for product 3 . What amount of joint costs would be allocated to the hree products using the relative sales value method? (Round your intermediate percentage values to 2 decimal places (i.e. 24.35\%) and final answers to nearest whole dollar amount.)