Question 2 (2 points) A joint input costing $500 results in four distinct products at the point of split-off. Products J, K and L are main products, and product M is a by-product. Relevant data follows: Product J (main) Sales Value at Split-Off Separable Sales Value After Cost Further Processing $200 $100 K (main) 300 200 $400 600 L (main) 100 -- - M (by-product) 20 10 40 If the revenue from Product M is recognized at time of sale, at what cost will it be inventoried before further processing? a) $0 b) $10 c) $20 d) $30