A manufacturer has a production facility that requires 19,442 units of component JY21 per year. Following a long-term contract, the manufacturer purchases component JY21 from a supplier with a lead time of 11 days. The unit purchase cost is $36.5 - per unit. The cost to place and process an order from the supplier is $182 per order. The unit inventory carrying cost per year is 12.7 percent of the unit purchase cost. The manufacturer operates 250 days a year. Assume EOQ model is appropriate. If the manufacturer uses a constant order quantity of 2,933 units per order, what is the annual holding cost? Note: It is important to know that the manufacturer does not really use the optimal order quantity. Use at least 4 decimal places