High-Low Cost EstimationAssume the local DHL delivery service hub has the follow

High-Low Cost EstimationAssume the local DHL delivery service hub has the followinginformation available about fleet miles and operating costs:Year Miles Operating Costs2006 556000 $1770002007 696000 212000Use the high-low method to develop a cost-estimating equation fortotal annual operating costs. (Let X = annual fleet miles.)Total annual costs =