Maintenance expenses of a company are to be analyzed for purposes of constructing a flexible budget. Examination of past records disclosed the following costs and volume measures: Highest $ 89,000 Lowest Cost per month $ 86,000 Machine hours 92,000 86,000 Using the high-low technique, estimate the annual fixed cost for maintenance expenditures: Multiple Choice $392,200. $313,600. $477,700. $516,000. $163,500.