Use Only the 2017 and 2018 financial data below to estimate the FIXED COST to Variable cost ratio for Selling and Administrative Expenses in 2018. Round to the third decimal place. Use the Hi-Low Method but assume the estimated variable SGA cost is $0.09 per sales dollar.

Year	2016	2017	2018
Total Revenue	5,354,000	6,423,000	7,424,000
Cost of Revenue	2,460,000	2,136,000	2,265,000
Gross Profit	2,894,000	4,287,000	5,159,000
Selling General and Administrative	410,000	395,000	431,000
Total Operating Expenses	3,017,000	2,948,000	3,184,000