The Mallak Company Produced Three Joint Products at a Joint

Multiple Choice

The Mallak Company produced three joint products at a joint cost of $100,000. Two of these products were processed further. Production and sales were:
$\begin{array}{cccc}&&&\text { Additional Processing }\\\text { Product } & \text { Weight } & \text { Sales } & \text { Costs } \\ \text { P } & 300,000 \mathrm{lbs}& \$ 245,000 & \$ 200,000 \\ \text { Q } & 100,000 \mathrm{lbs} & 30,000 & -0- \\ \text { R } & 100,000 \mathrm{lbs} &175,000 &100,000 \\\end{array}$

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What is the net income of Mallak Company if the estimated net realizable value method of joint cost allocation is used?

A) $20,000.
B) $50,000.
C) $150,000.
D) $350,000.