The Seoul Company uses a joint process to produce three products derived from one input:A, B, and C. The company can sell these products at the point of split-off (end of the joint process) or process them further.

Joint production costs: $10,000

Allocation: in proportion to the relative physical volume of output

If Processed Further:

Unit Unit Unit

Sales Price Additional

Product Produced at Split-off Unit Sales Price Cost

A 1,000 $4.00 $5.00 $0.75

B 2,000 $2.25 $4.00 $1.20

C 1,500 $3.05 $3.75 $0.90

Required: Assuming that all products were sold at the split-off, what is the gross profit from the production process?