A college is accumulating data as a first step in the preparation of next year's budget development. One cost that is being looked at closely is administrative costs as a function of student credit hours. Data on administrative costs and credit hours for the past thirteen months are shown below:

Month	Administrative Costs		Credit Hours
July		$	130,051		1,000
August			83,213		505
September			226,030		1,782
October			216,694		1,390
November			258,413		1,699
December			185,199		1,502
January			219,737		1,729
February			245,450		1,763
March			209,762		1,454
April			192,075		1,513
May			250,728		1,750
June			171,018		810
July			128,617		705
Total		$	2,510,987		17,602
Average		$	193,614		1,354

The controller's office has analyzed the data and has given you the results from the regression analysis:

SUMMARY OUTPUT
Regression Statistics
Multiple R	0.9215426
R Square	0.849240681
Adjusted R Square	0.835535288
Standard Error	21,494.88332
Observations	13

ANOVA
	df	SS	MS	F	SignificanceF
Regression	1	28,629,218,422	28,629,218,422	-61.9639804	7.61493E-06
Residual	11	5,082,330,099	462,030,009.0
Total	12	33,711,548,521

	Coefficients	Standard Error	t-Stat	P-value	Lower 95%	Upper 95%	Lower 95.0%	Upper 95.0%
Intercept	45,381.11	19,752.25	2.29	0.042	1,906.68	88,855.53	1,906.68	88,855.53
X Variable	109.48	13.907	7.87	0.001	78.86	140.08	78.86	140.08

Based on the results of the regression analysis, the estimate of the variable portion of administrative costs in a month with 200 credit hours would be:

Group of answer choices

$153,978.

$21,896.

$118,407.

$42,814.