Ordering and Carrying Inventory nevnt privred 4. The Buchanan Window Company finances 80% of its annual inventory value of $6,000,000 at an interest rate of 8.6%. It also pays a personal property tax of 0.85% of the inventory's annual value. Other costs of carrying the inventory are: labor, $212,000; insurance, $73,000; and overhead, $98,000. a. What is the total annual cost of carrying the inventory? b. What is the cost per dollar of carrying the inventory, to the nearest tenth of a cent?