Sony Electronics hires Mr. Mark Gunther of Brockhart & Kaitlin in order to manage inventory operations. Sony has a supplier that produces electronic circuit boards for its TV sets. Sony currently pays $300 for each circuit boards, and consumes an estimated 30,000 boards in a year. It costs Sony $700 to place an order to its supplier. The unit inventory holding cost is estimated to be equal to 50% of the purchasing price. Determine the economic order quantity for Sony’s outsourcing alternative.