a manufacturer has decided to outsource and offshore a small electric motor that it currently manufactures itself. it has found an offshore supplier that charges $925,000 for a minimum order quantity of 5,000 motors. shipping costs for this quantity are $15,000. the buyer expects to place four orders per year to meet its annual need for 20,000 motors. annual carrying cost is 25% of unit price and import tariffs are 12% of unit price. the company expects to spend $12,500 per year on contracting and relationship maintenance. using an order quantity of 5,000 motors, what is the total annual cost of outsourcing and offshoring each motor? (round your answer to the nearest cent.)