PA $10-14($Algo$)$ An online shoe retailer's annual cost of holding...

An online shoe retailer's annual cost of holding inventory is $32$ percent. The firm operates with a days$-$of$-$supply of $21$ days, and assume there are $365$ days per year.

What is the inventory holding cost $($in $ s$)$ for a pair of shoes that the firm purchased for $$45?$

Note: Round your answer to $2$ decimal places.

Inventory holding cost

a pair