Coakley Beet Processors, Inc., processes sugar beets in batches. A batch of sugar beets costs $53 to buy from farmers and $15 to crush in the company's plant. Two intermediate products, beet fiber and beet juice, emerge from the crushing process. The beet fiber can be sold as is for $31.50 or processed further for $19.75 to make the end product industrial fiber that is sold for $39.75. The beet juice can be sold as is for $48.00 or processed further for $33.60 to make the end product refined sugar that is sold for $80. How much profit (loss) does the company make by processing the intermediate product beet juice into refined sugar rather than selling it as is?

$(16.60)

$(1.60)

$(69.60)

$(26.35)