Hol-Chong Transport, Ltd, operations a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 105,000 kilometers during a year, the average operating costs is 11.4 cents per kilometer. If a truck is driven only 70, 000 kilometers during a year, the average operating cost increases to 13.4 cents per kilometer. Using the high-low method, estimate the variable and fixed cost elements of the annual cost of the truck operation. Express the variable and fixed costs in the form y = a + bx. If a truck were driven 80, 000 kilometers during a year, what total cost would you expect to the incurred