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The Movie Company has been in business for 5 months and wants to estimate its fixed cost of tickets sold. Using the data from the

The Movie Company has been in business for 5 months and wants to estimate its fixed cost of tickets sold. Using the data from the chart and the high-low method, what is the fixed cost of the Movie Company, assuming variable cost is $4.80 per ticket?

$2,800

$5,400

$2,200

$5,000

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