Use the following information to answer the questions. Utility Costs $16,450 $15, 800 $ 9,000 $18,500 $ 4,850 Month January February March April May June July August September October November December Rental Days 3,290 3, 160 1,800 4,430 970 1,650 4,150 4,160 2,050 1,110 780 2,810 $18,070 $10.250 $ 5, $ 3,900 $14,050 Required: 1. Using the high-low method, estimate the fixed cost of utilities per month and the variable cost of utilities per rental-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.) Variable cost of utilities Fixed cost of utilities per rental-day per month