Inspection costs at one of Iuliano Corporation's factories are listed below:

	Units produced	Inspection cost
February	908	$	16,512
March	955	$	16,900
April	914	$	16,565
May	898	$	16,410
June	920	$	16,594
July	905	$	16,480
August	922	$	16,632
September	862	$	16,030
October	901	$	16,438

Management believes that inspection cost is a mixed cost that depends on units produced.

Using the high-low method, the estimate of the fixed component of inspection cost per unit produced is closest to: (Round the intermediate calculations to two decimal places.)

$16,420.00

$16,031.00

$16,411.00

$7,970.75