The annual demand for Keurig coffee machines is stable and predicted to be 500000. The setup cost for Keurig coffee machines is $400. The plant has a daily production rate of 2500 units and works for 250 days in a year. Keurig can produce each machine at a unit manufacturing cost of $ 150, and the unit inventory holding cost is 20% of this unit manufacturing cost. What is the total annual cost (use two decimal places in your answer)?