Ivanhoe, Inc. produces three separate products from a common process costing $100,600. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. The cost and selling price data for a recent period are as follows: Sales Value at Split-Off Point Cost to Process Further Sales Value after Further Processing Product 12 $50,500 $100,600 $190,600 Product 14 10,400 29,500 34,300 Product 16 60,000 150,300 220,200 Determine the total net income if all products are sold at the split-off point. Total net income $enter the total net income in dollars Question Part Score--/2 Determine the total net income if all products are sold after further processing. Total net income $enter the total net income in dollars Question Part Score--/3 Using incremental analysis, determine which products should be sold at the split-off point and which should be processed further. (If an amount reduces the net income then enter with a negative sign preceding the number, e.g. -15,000 or parenthesis, e.g. (15,000).) Incremental Profit/(Loss) Decision Product 12 $enter a dollar amount select an option Product 14 $enter a dollar amount select an option Product 16 $enter a dollar amount select an option Question Part Score--/6 Determine the total net income using the results from the previous part of the question. Total net income $enter the total net income in dollars