Millennium Liquors is a wholesaler of sparkling wines. Their most popular product is the French Bete Noire which is shipped directly from France. Weekly demand is for 45 cases. Millennium purchases each case for $120, there is a $300 fixed cost for each order (independent of the quantity ordered) and their annual holding cost is 25 percent. Consider 52 weeks in a year.

Millennium is offered a 5.00% discount if they purchase at least 1,000 cases. If they decide to take advantage of this discount, what is the sum of their annual ordering and holding costs?