Circus Inc. rents human cannon for performances. Each cannon cost the firm an average of 85,075. The inventory varies monthly depending on the number that are rented out. The following table shows the ending inventory for the first eight months of last year. Month January February March April May Number of cannon 250 173 283 441 114 June 464 450 July August 457 Circus Inc. uses a 30.47 percent annual interest for cost of capital, 7.97 percent for insurance and storage cost. Assuming that these eight months are representative, what is the annual holding cost for Circus Inc