Jones Surgicenter uses 90,000 bags of IV solution annually. The optimal safety stock (which is on hand initially) is 1,000 bags. Each bag costs the center $1.50, inventory carrying costs are 20 percent, and the cost of placing an order with the supplier is $15. Assume 365 days in a year.

What is the total inventory cost, TIC?

What is the average daily usage rate? Answer to two decimal places.