[Note] To answer next 4 questions that require joint cost allocations, refer to the following information (this same data will appear on each screen of the related question!): Sawmill, Inc. processes wood pulp into three grades of plywood: Hardwood, Softwood, and Decorative. Each grade of plywood may be sold as is at the split-off point or processed further to a higher grade of product, with the price and cost information shown below. The joint processing cost to get the wood pulp to split-off is $16,000. Sawmill, Inc. desires to maximize its profit by making an optimal "sell-or-process-further" decision for each grade of plywood, and also allocate its joint costs according to such decisions. Product Board-feet produced Selling price per board-feet Cost after split-off Selling price per board-feet at split-off (per board-feet) after split-off Hardwood 2,500 $5.5 $2.0 $8.0 Softwood 3,000 3.0 1.5 5.0 Decorative 4,500 7.0 3.5 X 10.0 How much joint cost would be allocated to Softwood plywood if the Net Realizable Value method was used (Round numbers to 4 decimal places if needed & choose the closest value to your answer!)? $4,211.2 $8,841.6 $2,947.2 $3,068.8