The joint process from which XCO, SA obtains both Nuts and Bolts has a total cost of $83,000 per batch. From each batch, 8,500 pounds of Nuts and 35,000 pounds of Bolts are obtained. These can be sold at the split-off point for $28 and $18 respectively. For product costing purposes XCO allocates joint costs using the relative sales value method. The amount of joint cost allocated to Nuts would be, to the nearest dollar: $