Mazoon Company decided to use the high-low cost estimation method to analyze its mixed costs. During the year 2020, the highest level of activity at peak season was in August (40,500 labor hours for a total cost of $120,400) and the lowest level of activity was in November (13,000 labor hours for a total cost of $79,150). What is the estimated total cost for Mazoon Company at an expected operating level of 18,000 labor hours? O a $104,650 O b. None of the answers given Oc. $99.775 d. $27,000 e. $86,650