The following information relates to a joint production process for three products, with a total joint production cost of $185,000. There are no separable processing costs for any of the three products. Product Sales Value at Split-Off Units at Split-Off 1 $ 203,500 540 2 92,500 1,080 3 74,000 1,980 $ 370,000 3,600 Assume that the total sales value at the split-off point for product 1 is $92,500 instead of $203,500 and the sales value of product 3 is $3,700 instead of $74,000. Assume also that, because of its relatively low sales value, the firm treats product 3 as a by-product and uses the asset recognition method for accounting for by-products. What amount of joint cost would be allocated to the products using the sales value