Levine electrical supply purchases copper wire for $$5\mathrm{.}25$ per pound from

their supplier. The annual usage of copper wire is $250,000$ pounds. This

copper is imported from Peru and each order costs $$500$ to place the

order, track and trace the international order, clear customs, and arrange

for delivery. The cost of carrying inventory is $20\%.$

If ordering the economic order quantity, what will be the annual ordering

cost$?$