Greene Enterprises Has the Following Information About Its Truck Fleet

Multiple Choice

Greene Enterprises has the following information about its truck fleet miles and operating costs: $$\begin{array} { c c c } \text { Year } & \text { Miles } & \text { Operating Costs } \\2005 & 400,000 & £ 256,000 \\2006 & 480,000 & 280,000 \\2007 & 560,000 & 320,000\end{array}$$ What is the best estimate of total costs using the high-low method if the expected fleet mileage for 2008 is 500,000 miles?

A) £288,000
B) £296,000
C) £256,000
D) £320,000