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The following income statements are provided for Li Company's last two years of operation: 2012 2013 Number of units produced and sold 3,600 3,200 Sales

The following income statements are provided for Li Company's last two years of operation:

2012 2013

Number of units produced and sold 3,600 3,200

Sales revenue $57,600 $51,200

Cost of goods sold 43,000 39,000

Gross margin 14,600 12,200

General, selling and administrative expenses 7,420 6,940 et

income $7,180 $5,260

Assuming that cost behavior did not change over the two year period, what is the company's annual fixed general, selling, and administrative cost?(Do not round intermediate calculations.) $3,100

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