estion 3 t yet swered Marked out of 1.00 Flag question Time left 2:26:40 A printing company estimates that it will require 1,000 reams of a certain type of paper in one year. The cost of carrying one unit (ream) in inventory for one year is 50 cents. The company buys the paper from a wholesaler in the same town, sending its own truck to pick up the orders at a fixed cost of $20.00 per trip. Treating this cost of $20.00 as the order cost, if the company follows the EOQ model, what is the total holding cost in one year? Compute in 2 dec pl. Choose the closest one. O a. $70.75 O b. $700.75 Oc. $170.75 O d. $353.75 e. $283.00