Taylor Textbooks Inc. buys on terms of 5/12, net 49 days. It does not take discounts, and it typically pays on time, 49 days after the invoice date. Net purchases amount to $917,620 per year. On average, what is the dollar amount of costly trade credit (total credit free credit) the firm receives during the year? (Assume a 365-day year, and note that purchases are net of discounts.