Midgett Co, has accumulated data to use in preparing its annual profit plan for the upcoming year. The cost behavior pattern of the maintenance costs must be determined. The accounting staff suggested that linear regression be employed to derive an equation for maintenance hours and costs. Data regarding the maintenance hours and costs for the last year and the results of the regression analysis are as follows: Teb. Maintenance Machine Month Coat Hours Jan. $ 5,000 600 440 4,400 610 Apt. 3,317 340 May 5,222 660 June 410 July 3,618 470 Ang 5,384 670 Sept. 5,114 590 Oet. 4,883 590 Nov. 3.925 430 Dee. 3,850 350 $ 51,747 6,160 Average 84.312.25 513.33 Average cost per hour (551747/6160) - $8.40 0.91795 12.084203 Using the high low method, total monthly fixed cost is calculated to be (Do not round Intermediate calculations. Round your answer to the nearest dollar)