Reporting Period (Year)	Total Costs	Level of Activity (Miles Driven)
Year 1	$750,000	225,000
Year 2	850,000	240,000
Year 3	1,100,000	430,000
Year 4	1,150,000	454,000
Year 5	1,250,000	560,000
Year 6	1,550,000	710,000

Regression Analysis.Regression analysis was run using the same data for the city of Rockville.

1. Use the regression output to develop the cost equation Y =f+vX by filling in the dollar amounts forfandv.
2. What would the city of Rockville's estimated costs be if its trucks drove 500,000 miles in year 7?