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 $58,000 of materials cost and $62,000 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 costs amount to $6,500. The recent batch contained 13,000 platters and 5,500 cups. TSC sold the platters for $190,000 and the cups for $30,000. If relative market value is used to allocate the joint cost, what is the income earned for cups? Note: Round intermediate calculation to 2 decimal places. Multiple Choice $(7,000). $85,500. $7,000. $6,500