Now, assume Woodwick uses regression analysis to analyze its monthly operating costs for the last 12 months. Management uses the number of candles produced as its activity driver. The regression results are as follows:

Number of Candles Produced

Intercept 2,258

Slope .125

R-squared 0.20

What is the predicted monthly operating cost when the number of candles produced in the month is 5,200?

PLease show work

Group of answer choices

$2,908

$3,298

$650

$2,258