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Nerolina Manufacturing Ltd requires 8700 gadgets per year for production. The purchase cost is $150 per gadget. The firm decides to order 580 gadgets at

Nerolina Manufacturing Ltd requires 8700 gadgets per year for production. The purchase cost is $150 per gadget. The firm decides to order 580 gadgets at a time. The cost of ordering is $59 per order and annual carrying cost pergadget is $3. Calculate the total annual cost of ordering and carrying the inventory. Round your answer to the nearest whole number.

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