B eBook The Odessa Supply Company is considering obtaining a loan from a sales finance company secured by inventories under a field warehousing arrangement. Odessa would be permitted to borrow up to $260,000 under such an arrangement at an annual interest rate of 11 percent. The additional cost of maintaining a field warehouse is $21,000 per year. Assume that there are 365 days per year. Determine the annual financing cost of a loan under this arrangement if Odessa borrows the following amounts: a. $260,000. Round your answer to two decimal places. % b. $180,000. Round your answer to two decimal places. ans Navigation Menu Check My Work (10 remaining)