Biltmore Boat Company makes inexpensive aluminum boats. Production is seasonal, with considerable activity occurring in the spring and summer months. Sales and production tend to decline in the fall and winter months. The following production activity occurred during $2011$:

Quarter Units Sold Total Cost

Jan$-$Mar $48$ $$52,200$

April$-$June $180$ $$126,000$

July$-$Sept $250$ $$163,000$

Oct$-$Dec $40$ $$53,800$

Using the high$-$low method what would be the estimate of the fixed cost incurred by Biltmore Boat Company?

Multiple Choice

$$33,271.$

$$33,000.$

$$25,871.$

None of the above.