Nick Company has two products: A and B. The company uses activity-based costing. The estimated total cost and expected activity for each of the company's three activity cost pools are as follows: Estimated Expected Activity Activity Cost Pool Cost Product A Product B Total Activity 1 32,600 700 300 1,000 Activity 2 17,600 600 200 800 Activity 3 52,500 400 100 500 The activity rate under the activity-based costing system for Activity 3 is closest to: