a company has annual sales demand for 200,000 units. The annual cost of holding each unit of inventory is 4% of the selling price. The cost of ordering is 12$, and the selling price is 10$. Each unit is bought for 5$ from the supplier. The total cost of inventory for the year (including purchasing cost) is closest to:

a. 865,371$

b. 1,182,008$

c. 1,001,386$

d. 982,184$