Sarasota Inc. uses 100 kilograms of material X per year. Material X costs $35.00 per kilogram. It costs $ 1.40 to place an order and $ 2.80 per kilogram to store material X. Currently, Sarasota is ordering material X in 16-kilogram batches. Is this the most economical order size? If not, what is the economic order quantity? How much will Sarasota save by using the EOQ? (Round answers to 2 decimal places, e.g. 125.74.) Economic order quantity 10 kilo grams Sarasota will save $ ta per year