The Following Data Has Been Assembled for Arnold Company The Total Fixed Cost Is ________

Multiple Choice

The following data has been assembled for Arnold Company.Use the high-low method.
$\begin{array}{lll}\text { Month }&\text { Cost }&\text { Hours: }\\\text { January } & \$ 24,000 & 2,000 \\\text { February } & \$ 39,000 & 2,200 \\\text { March } & \$ 35,280 & 2,750 \\\text { April } & \$ 36,400 & 3,500 \\\text { May } & \$ 40,000 & 4,000\end{array}$
The total fixed cost is ________.

A) $3,600
B) $8,000
C) $21,360
D) $26,672