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The Olde Town Microbrewery makes Townside beer, which it bottles and sells in its adjoining restaurant and by the case. It costs $ 1 7

The Olde Town Microbrewery makes Townside beer, which it bottles and sells in its
adjoining restaurant and by the case. It costs $1700 to set up, brew, and bottle a batch of
the beer. The annual cost to store the beer in inventory is $1.25 per bottle. The annual
demand for the beer is 21,000 bottles and the brewery has the capacity to produce 30,000
bottles annualy.
What is the total annual inventory cost? Round to 2 decimal places.
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