Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have been collected and a regression analysis prepared using Excel. The monthly data and the regression output follow Month January February March April May une July August September October November December Machine Hours 2,900 3,300 2,300 3,500 4,200 3,700 4,500 3,900 2,400 4,100 5,300 4,900 Electricity Costs $18,600 $ 21,400 $13,700 $23,400 $28,450 $22,400 24,950 $22,950 15,900 $26,400 $31,400 $27,950 Summary Output Regression Statistics Multiple R R Square Adjusted R2 Standard Error Observations 959 920 912 1,550.32 12.00 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept Machine Hours 1315.92) 730152 2,992.80 1,933.78 1.55 0.15 7,301.52 5.37 0.50 10.70 0.00 4.25 6.49 Based on the results of the high-low analysis, the estimate of electricity costs in a month with 2,600 machine hours would be: (Round "Per unit" answer to 2 decimal places and all dollar amount to nearest whole dollar.) $15,470. O$21,960. O $15,580. o $16,951