One of the products sold by OfficePro is a LaserJet Z99 printer. As purchasing manager, you have the following information for the printer: Average weekly demand (52 weeks per year): 60 printers Standard deviation of weekly demand: 11 printers Order lead time: 3 weeks Standard deviation of order lead time: 0 (lead times are constant) Item cost: $120 per printer Cost to place an order: $2 Yearly holding cost per printer: $48 Desired service level during reordering period: 99% HINT: Economic Order Quantity (EOQ) = 16 and Safety Stock = 44 (both rounded values). Suppose OfficePro is currently ordering with a quantity of 60 printers at a time. How much could they save annually in total ordering and holding costs by switching to buying based on the EOQ (assume safety stock is the same, as noted above)? Use rounded values (to nearest whole number) for any quantities used in the cost calculations. Round to nearest dollar ($xxx).