Fixed Order Quantity with Certainty Scenario

Note: the data shown below will be used for the following $4$ questions:

Monthly demand $=3,000$ units

Cost of capital $=20\%$

Cost to place an order $=$ $$200$

Storage space cost $=2\%$

Value of one unit of inventory $=$ $$50$

Insurance on inventory $=1\%$

Property tax on inventory $=1\%$

Lead time $=5$ days

Inventory risk $=1\%$

Days in a year $=365$

$1.$ What is the inventory carrying cost percentage?

$2.$ What is the replenishment order quantity?

$3.$ What is the reorder point?

$4.$ What is the total annual cost?