The Wood Furniture Company produces a specialty wood furniture product, and has the following information available concerning its inventory items: Relevant ordering costs per purchase order $300 Relevant carrying costs per year: Required annual return on investment 10% Required other costs per year $2.80 Annual demand is 20,000 packages per year. The purchase price per package is $32. What is the economic order quantity? 2,000,000 units O 1,414.21 units 150,000 units 3,464.00 units