Fiske Corporation manufactures a popular regional brand of kitchen utensils. Results from a multiple regression of factory costs on labor-hours and machine-hours using the data of Fiske Corporation are as follows: Equation: Overhead =$993,339+($33.79 Machine-hours )+($120.26 Labor-hours ) Statistical data Corretation coefficient R2 Adjusted R2 0.984 0.967 Required: Managers expect the plant to operate at 16,000 labor-hours and 21,000 machine-hours next quarter. Assuming the relationship remains the same with the new product line and using the results from this regression, what are the estimated quarterly factory costs