TB MC Qu. 23-70 (Algo) Graham Corporation has... Graham Corporation has 1,000 cartons of oranges that were harvested at a cost of $29,200. The oranges can be sold as is for $34,480. The oranges can be processed further into orange juice at an additional cost of $12,850 and be sold at a price of $50,900. The incremental income (loss) from processing the oranges into orange juice would be:

Multiple Choice

$38,050.

$3,570.

$16,420.

$(3,570).

$(16,420).