ABC Company sells 49,745 chairs a year at an average price per chair of $10.9. The carrying cost per unit is $19.45. The company orders 435 chairs at a time and has a fixed order cost of $105.83 per order. The chairs are sold out before they are restocked. What are the total costs if the company orders the optimal quantity (Economic Order Quantity)?

Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box.