Spontaneous sources of funds, accruals When Sun Wear, Inc., merged with Beach Styles Inc., Sun's employees were switched from a weekly to a biweekly pay period. Sun's weekly payroll amounted to $$395,200.$ The cost of funds for the combined firms is $16\mathrm{.}59\%.$ What annual savings, if any, are realized by this change of pay period?

The annual savings that the firm can realize is $ $($Round to the nearest dollar.$)$