Payment of Duty and Duty-Related Carrying Cost Kamber, Inc., owns a factory located close to, but not inside, a foreign trade zone. The plant imports volatile chemicals that are used in the manufacture of chemical reagents for laboratories. Each year, Kamber imports about $14,200,000 of chemicals subject to a 30 % tariff when shipped into the United States. About 15 % of the imported chemicals are lost through evaporation during the manufacturing process. In addition, Kamber has a carrying cost of 10 % per year associated with the duty payment. On average, the chemicals are held in inventory for 9 months. Required: 1. How much duty is paid annually by Kamber? 2. What is the carrying cost associated with the payment of duty