Please answer 11.7 using 11.3 reference

Answer. Savings =$2825.45 1.7. Refer to problem 11.3. The supplier offers a 2% discount on orders of 6000 units. Calculate the purchase cost, the cost of ordering, the cost of carrying, and the total cost if orders of 6000 are placed. Compare the results and calculate the savings if the discount is taken. 1.3. A company decides to establish an EOQ for an item. The annual demand is 500,000 units, each costing $9, ordering costs are $35 per order, and inventory carrying costs are 24%. Calculate the following: a. The EOQ in units. b. Number of orders per year. c. Cost of ordering, cost of carrying inventory, and total cost. Answer. a. EOQ=4025 units b. Number of orders per year =124 c. Annual cost of ordering =$4348 d. Annual cost of carrying =$4347 e. Annual total cost =$8695