Exercise 2-9 (Part Level Submission) Pharoah, Inc., has collected the following information on its cost of electricity: Machine Hours Total Electricity Costs January 510 $250 February 540 $290 March 380 $200 April 460 $200 May 670 $300 June 700 $310 July 330 $160 August 540 $280 September 210 $128 October 750 $310 November 850 $320 December 600 $290 Compute the total fixed cost of electricity. (Round answer to 2 decimal places, e.g. 52.75.)