LINU. ******** Question one, 4 points) Hoi Chong Transport. Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 105.000 kilometers during a year, the average operating cost is 22.8 cents per kilometer. If a truck is driven only 70,000 kilometers during a year, the average operating cost increases to 26.8 cents per kilometer. Required: 1. Using the high-low method, estimate the variable and fixed cost elements of the annual cost of the truck operation 2. If a truck were driven 80,000 kilometers during a year, what total cost would you expect to be incurred