Joe Henry's machine shop uses 2,470 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following information is known about the brackets:

Annual demand 2,470

Holding cost per bracket per year $1.65

Order cost per order $18.75

Lead time 2 days

Working days per year 250

b)	What is the average inventory if the EOQ is used? enter your response here units (round your response to two decimal places).
	What would be the annual inventory holding cost? $enter your response here (round your response to two decimal places).