Terry Company provided you with the following data:
Month	Supervision cost	Labor hours	Machine hours
January	$27,500	2,400	5,040
February	$27,500	2,560	5,300
March	$32,540	3,360	6,600
April	$30,000	2,880	6,500
May	$32,630	3,300	6,750
Use the high-low method of estimating linear cost function to estimate Terry's monthly fixed supervision cost assuming the Machine hours to be the cost driver for supervision cost. Roundoff your answer to 2 digits.

	A.	$11,216.92
	B.	$8,748.97
	C.	$19,513.54
	D.	$14,900
	E.	$12,380.00