Sandrington Ltd. operates a retail bicycle shop. Wheel covers are popular with customers. Sandrington purchases these covers for $48 per pair, and expects to sell 5,000 pairs per year. Ordering costs are estimated at $180 per order and relevant insurance handling etc. costs are estimated at $3.60 per month. The company has established a 14% annual return on investment. What would be Sandrington's total annual relevant inventory costs at the EOQ quantity? Round to the nearest dollar.