An electric power company keeps a certain connector at its central warehouse for supplying field service offices. The daily demand for these connectors is 35 units. The company purchases the connector from a supplier for $43 per unit. The order lead time is 15 days. The annual carrying charge for the connector to be 17 percent of the unit purchase cost. The cost to place and process an order from the supplier is $188 per order. Assume EOQ model is appropriate and 360 days per year. What is the optimal annual ordering cost?