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 Lowest Cost per month $88,000 $82,000 Machine hours 99,00089,000 Using the high-low technique, estimate the annual fixed cost for maintenance expenditures: Multiple Choice $140,800 $304,900. $343,200. $307950 $219,400