Question $18(1$ point$)$

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Jack, the owner of Jack's warehouse, decides to establish an EOQ for an item. The annual demand is $4,000$ units and each unit costs $$10.$ The ordering costs are $$35$ per order and inventory$-$carrying costs are $25\%.$ Calculate an estimate for the following. Choose the best approximate answer $-$ rounding may be required. Calculate the annual inventory carrying cost.

$425$

$418$

$430$

$400$

$411$