A fresh produce distributor uses $800$ nonreturnable packing crates a month, which it purchases at a cost of $$5$ each. The manager has assigned an annual holding cost of $30$ percent of the purchase price per crate. Ordering cost is $$20$ per order. Currently the manager orders $800$ crates at a time. How much could the firm save annually in ordering and holding costs by using the EOQ? $($Round the final answer to $2$ decimal places.$)$

Annual savings $