Three Company produces two products (Product 1 and Product 2) from a common input. Joint costs for January total $200,000. Information related to the two products is as follows: 2. Note: Round all calculations to two decimal points and all dollar amounts to the nearest dollar. 3. Determine the amount of joint costs allocated to Product 1 using the constant gross margin percentage method (based on final sales value). $86,400 $158,000 $42,000 $126,400