Pondside Apartments is a 500 unit apartment complex. When he apartments are 90% o c pied, monthly opera ng costs total 201 10 en occupancy dips 80 % monthy perating costs to 8, 20 owner of the apartment complex is worried because many of the apartment residents work at a nearby manufacturing plant that has just announced it will close in three months. The apartment owner fears that occupancy of her apartments will drop to 55% residents lose their obs and move away. Assuming the same relevant range, what can the owner expect her operating costs to be occupancy falls to 55%? The Let's begin by determining the formula that is used to calculate the variable cost (slope). Variable cost (slope) = Now determine the formula that is used to calculate the fixed cost component Fixed cost Use the high-low method to determine Pondside's operating cost equation. Assuming the same relevant range, what should the owner expect her operating costs to be if occupancy falls to 55%? (Round your answer to the nearest whole dollar.) The owner should expect her operating costs to be S if occupancy falls to 55%