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

Month	Machine Hours		Production Cost
July	14,500		13,515
August	14,700		12,120
September	12,700		10,780
October	16,700		13,520
November	16,000		12,892
December	13,300		10,882

If Hagler expects to incur 15,200 machine hours in January, what will be the estimated total production cost using the high-low method?

$12,485.00

$10,027.50

$12,455.00

$13,175.00