It is profitable to process joint products after the split-off point if: Multiple Choice costs incurred to process the products further are less than the joint processing costs. o products processed forbere products processed further will be sold at a greater price than products not processed further. costs incurred to process the products further are less than the incremental revenues received from those products. total revenues received are greater than the joint processing costs. Barnes Corp. has some obsolete inventory that was purchased for $10,000 a few years ago. Barnes believes it can probably sell the inventory as is for $5,000 or can spend $8,000 to upgrade it. The upgraded inventory would likely sell for $20,000. When making a decision whether to sell the inventory as-is or upgrade it, the sunk cost in this scenario is: Multiple Choice 0 the $10,000 paid for the inventory a few years ago. 0 the $5,000 the inventory could be sold for as-is. 0 the $8,000 that would have to be spent to upgrade the inventory. 0 the $20,000 selling price of the upgraded inventory