A coffee shop uses $46$ bags of coffee a month and operates $12$ months a year. They pay $$1$ to hold a bag of coffee in storage for a month and have a monthly cost of capital of $3\%.$ A supplier offers them the following terms. The coffee shop can order a years worth of coffee in one order at a fixed order fee of $$531$ and a per$-$bag cost of $$20.$ If the coffee shop takes this offer they will pay $BLANK

in ordering and holding costs on an annual basis. Please answer to two decimal places.