[Note] To answer this and previous questions, refer to the following information: Alard Company manufactures coffee makers. The cost accountant wants to calculate the fixed and variable costs associated with the use of machinery, based on the high-low method. Data for the past six months were collected (When using the high-low method, round to whole number if necessary!). Month October November December January February March Machinery Costs Machine Hours $24,500 480 32,200 630 33,500 720 23,800 560 20,000 400 34,000 750 What would be the estimated total machinery cost at a level of 500 machine hours? O $20,000 $24.150 $24,500 O $24,000