A bakery buys sugar in $15-$pound bags. The bakery uses $5000$ bags of sugar each year. Carrying costs are $$20$ per bag per year. Ordering costs are estimated at $$5$ per order. Assume that the bakery is open $250$ days a year and its daily demand is estimated at $20$ bags. It takes $5$ days for each order of sugar to be filled. What are the total annual holding costs?

Question $5$ options:

$$500$

$$1000$

$$250$

$$20$

$$750$