7. Bill's glass store needs to ship an order of 9 chandeliers to a builder. The...

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7. Bill's glass store needs to ship an order of 9 chandeliers to a builder. The chandeliers cost about $10,000 each, and Bill will be paid upon delivery. Bill plans to ship the order by truck at a cost of $1,000. The delivery will take 10 days. Bill uses a 30 percent annual inventory carrying cost. What will be the total shipping and transit inventory carrying cost of the shipment? Use 360 days as the number of days in a year. 7. Bill's glass store needs to ship an order of 9 chandeliers to a builder. The chandeliers cost about $10,000 each, and Bill will be paid upon delivery. Bill plans to ship the order by truck at a cost of $1,000. The delivery will take 10 days. Bill uses a 30 percent annual inventory carrying cost. What will be the total shipping and transit inventory carrying cost of the shipment? Use 360 days as the number of days in a year.