The Silver Center $($TSC$)$ produces cups and platters. TSC purchases silver and other metals that are processed into silver alloy that is used to make platters and cups. TSC incurred $$40,000$ of materials cost and $$44,000$ of labor cost to produce the silver alloy. Platters are made first and the residual alloy is remixed into a lower grade silver plated material that is used to make the cups. Remixing cost amount to $$2,000.$ The recent batch contained $4,000$ platters and $1,000$ cups. TSC sold the platters for $$100,000$ and the cups for $$12,000.$ If relative market value is used to allocate the joint cost, what is the income earned for cups?

Multiple Choice

$$(1,000).$

$$25,000.$

$$1,000.$

$$2,000.$