If required, round your answers to the nearest dollar. 1. If Pacific Rim locates the warehouse in an FTZ, how much will be saved in tariffs? 2. Suppose that, on average, the merchandise stays in a Pacific Rim warehouse for nine months before shipment to retailers. Carrying cost for Pacific Rim is 6 percent per year. If Pacific Rim locates the warehouse in an FTZ, how much will be saved in carrying costs? 4x What will the total tariff-related savings be? 3. Suppose that the shifting economic situation leads to a new tariff rate of 13 percent and a new carrying cost of 6.5 percent per year. To combat these increases, Pacific Rim has instituted a total quality program emphasizing reducing shrinkage. The new shrinkage rate is 7 percent. Given this new information, if Pacific Rim locates the warehouse in an FIZ, how much will be saved in carrying costs