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 $56,000 of materials cost and $60,000 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 $6,000. The recent batch contained 12,000 platters and 5,000 cups. TSC sold the platters for $180,000 and the cups for $28,000. 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

$(6,320).

$79,200.

$6,320.

$6,000.