Raja's Company accumulates the following data concerning a mixed cost, using kilometres as the activity level:

Kilometres. Driven Total Cost Kilometre Driven. Total Cost

January 8,600 $14,650 March 4,750 $12,130

February 7,570 13,800 April 8,750 17,410

Calculate the fixed cost element using the high-low method. Ignore the money sign.

(very important that this is correct)