Assume a merchandising company uses the high-low method to separate any mixed costs into their variable and fixed elements. It provided the following income statements: May 4800 $168.000 86400 81600 une 5.000 $ 175,000 90.000 05.000 5.500 $ 192,500 99,000 931300 Sale in units Seles Cost of goods Gross margin seg and are expenses Advertising Shing Series and common Totalling and move expenses Net operating income 17,000 16.1100 29.600 63.400 $18.200 17000 17,500 30.000 54500 5 20.500 17,000 19.250 31000 67250 $26.250 What is the estimated cost of goods sold if the company sells 5,200 units