Current Attempt in Progress

Ayayai Company's budgeted sales and budgeted cost of goods sold for the coming year are $$136,100,000$ and $$115,560,000,$

respectively. Short$-$term interest rates are expected to average $10\%.$ If Ayayai can increase inventory turnover from its present level of

$8$ times a year to a level of $10$ times per year.

Compute its expected interest cost savings for the coming year.

Expected interest cost savings $,$$