Swan, he uses the highfow method to analyze cost behavior. The company observed that at 20,000 machine hours of activity, total maintenance costs averaged $58.90 per hour When activity jumped to 26,000 machine hours, which was still within the relevant range, the average total cost per machine hourwas $4690. On the basis of this information, the fixed cost for Swan was: (Round your intermediate calculations to 2 decimal places and final answer to nearest doltar amount.) Multiple Choice $700000 500.000 51778000