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Emergent Technologies Wholesale ( Scandinavia ) buys an item for $ 2 0 0 a unit and sells it for $ 3 0 0 .

Emergent Technologies Wholesale (Scandinavia) buys an item for $200 a unit and sells it for $300. Annual sales of the item are around 1,000 units, with average stock of 300 units. Each unit held in stock costs approximately 25% of cost a year.
What is the annual holding cost of the item?
Group of answer choices
$30,000
$60,000
$45,000
none of them
$15,000

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