Delivery Dudes Services has the collected the following information about operating expenditures for its delivery trucks for the past five years:

Year

Miles

Operating Costs

2013

45,000

$185,000

2014

60,000

$200,000

2015

40,000

$170,000

2016

55,000

$195,000

2017

75,000

$215,150

Using the high-low method,what is the estimated fixed cost for2018at an activity level of50,000miles?

$123,200

$152,200

$134,600

$118,400