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Post Card Depot, an large retailer of post cards, orders 3,458,960 post cards per year from...

Post Card Depot, an large retailer of post cards, orders 3,458,960 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 12 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.19 per post card per year. The ordering cost is $211 per order.

What is the annual total inventory management costs of post card inventory?

(Round the answer to two decimal places)

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