London Inc. has identified the following costs at different activity levels for electricity for their manufacturing plant: Units Produced 1,000 2,000 3,000 4,000 5,000 Electricity Cost $50,000 $97,400 $148,000 $192,500 $242,000 Management is uncertain on how to predict costs at different activity levels and thus has asked for some assistance. Management is expecting that 3,500 units will be produced next month, estimate the total electricity cost.