The Gentry Garden center sells 10,000 bags of lawn fertilizer annually. Each bag costs the firm $2.00, inventory carrying cost is 20%, and the cost of placing an order with the supplier is $20. Answer the following questions: 1) What is the firm's Economic Ordering Quantity? 2) What is the firm's average inventory? 3) How many times must the firm order inventory in a year? O 1) 1,000 bags; 2) 500 bags; 3) 10 times a year O 1) 1,000 bags; 2) 2,000 bags; 3) 5 times a year O 1) 5,000 bags; 2) 6,000 bags; 3) Twice a year O 1) 10,000 bags; 2) 6,000 bags; 3) Once a year