Refer to Figure $14-7.$ Suppose AVC$=$$$113$ when the firm produces $515$ units of output. Then the firm's

fixed cost amounts to

$$5,500,$ and its profit amounts to $$20,375.$

$$5,750,$ and its profit amounts to $$20,375$

$$5,980,$ and its profit amounts to $$25,750.$

$$6,180,$ and its profit amounts to $$25,750.$