During its first year of operations, mario lupo formed lupo company as a corporation and personally invested $15,000 in the business in exchange for common stock. lupo company also paid dividends of $2,000. the company earned $35,000 of revenues and incurred $23,000 of expenses. at the end of the year, the company's equity totaled:

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?