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7. Charlotte Bront Linens Warehouse carries a $1,239,500 inventory. Charlotte Bront Linens estimates the annual cost of carrying the inventory at 32% of the inventory

7. Charlotte Bront Linens Warehouse carries a $1,239,500 inventory. Charlotte Bront Linens estimates the annual cost of carrying the inventory at 32% of the inventory value. What is the approximate annual cost of carrying the inventory

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