The following information relates to Excalibur Delivery Services:

Year 1: Total miles driven 695,000 Year 1: Total operating costs $211,500 Year 2: Total miles driven 855,000 Year 2: Total operating costs $275,500

Use the high-low method to calculate Excalibur's total fixed costs. (Do NOT round intermediate calculations; round your final answer to the nearest dollar; do not include the $ sign in your answer.)