Consider the following data regarding the Fiske Spinner, a rotary device used in the production of the ABS Brake Assembly.

Data shows below:

Product Cost $27.50

Holding Cost 12% of Product Cost

Order Cost $300/order

Safety Stock 100 units

Monthly Demand 4,500 units (assume that demand remains constant throughout the year)

What is the total annual inventory cost (not including product costs) of the Fiske Spinner?

In determining the number of orders per year round up to the nearest whole order.

I got $10600 in my final answer, the correct answer is $10899

Please show me how to get the $10899

Thank you!