Your options for shipping $$$$100,000$ of machine parts from Baltimore to Kuala$$ Lumpur, Malaysia, are$(1)$ use a ship that will take $30$ days at a cost of $$$$3,800,$ or$(2)$ truck the parts to Los Angeles and then ship at a total cost of $$$$4,800.$ The second option will take only $20$ days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at $30\%$ of the value per year.

If you have a third option and it costs only $$$$4,000$ and also takes $20$days$,$ what is your most economical$$ plan? Assume $365$ days per year.

Part $2$

The daily holding cost of Alternative $1$ is $$$enter your response here. $($Enter your response rounded to two decimal$$ places.$)$