The Murphy Corporation manufactures and sells a single product. A partially completed schedule of the company's total costs over the relevant range of 50,000 to 70,000 units is given below:

	Units produced and Sold
	50,000	70,000
Total costs:
Variable costs	$300,000
Fixed costs	470,000
Total costs	$770,000

The total cost that the Murphy Corporation expects to incur at the 70,000 unit production level is: $_____________.