Fromme's Frocks has the following machine hours and production costs for the last six months of last year:

Month	Machine Hours				Production Cost
July		16,700			$	12,160
August		15,200				12,500
September		13,200				9,630
October		17,200				12,250
November		16,500				11,777
December		13,800				9,973

If Fromme expects to incur 12,300 machine hours in January, what will be the estimated total production cost using the high-low method?