Jenson College provides its own housekeeping services. The College director would like to outsource this service and has found a company that will provide the service for $34 per hour. The following information has been collected about the cost per hour to the college for performing its own housekeeping services: Cost per hour of service Rate Cleaning supplies $ 4 Direct labor costs $ 27 Variable overhead $ 1 3,220 hours Total hours of housekeeping services per year Total fixed overhead $ 53,440 Instructions: Calculate the cost of outsourcing assuming that 50% of fixed costs can be eliminated if the service is outsourced. (Round your answer to the closest dollar)