Y4ReW Company makes two products from a joint production process. Each product may be sold at the split-off point or processed further and then sold. Information concerning one of these products, Product M, appears below: Product M Units available at the split-off point. Allocated joint costs Selling price after further processing Selling price at the split-off point Additional processing costs 29,000 units $4,800 $7.40 per unit $4.20 per unit $2.50 per unit The effect on the company's net income if it chooses to process Product M further and then sell it rather than sell Product M at the split-off point would be an: increase of $89,900 increase of $15,500 O increase of $26,100 increase of $18,400 increase of $92,800 increase of $17,400 increase of $21,300 increase of $23,200