The phone bill for a company consists of both fixed and variable costs. Refer to the fourmonth data below and apply the highlow method to answer the question.

	Minutes	Total Bill
January	480	$4,000
February	230	$2,685
March	160	$2,635
April	310	$2,860

What is the fixed portion of the total cost? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

A. $1,365

B. $2,635

C. $1,950

D. $2,050