The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented out for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the Summer. Occupancy Electrical Month Days Costs 3,350 9,241 January 9,666 February 3,610 5,208 March 1,680 3,813 April 1,230 May 4,380 $10,428 5,239 June 1,690 July 4,130 $10,058 4,250 August $10,125 6,045 September 1,950 6,634 October 2,140 4,588 November 1,480 December 2,710 7,829 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount) Electrical Occupancy Days Costs High activity level Low activity level Change Variable cost per occupancy-day Fixed cost element