XCorp just released its annual Economic Analysis Assumptions for all divisions, used to assure uniform economic analysis, including Inflation (1.5%), Average Debt Cost (3.5%), and ROI (4%). XCorp uses conservative approach to calculate their TPHC. XCorp's SC includes retail stores with their new product, the Xbike, averaging about 120 days before sold. If the selling price per Xbike is $500, with 1000 average units held, then what is the Xbike TPHC (round to nearest $), and the holding cost of one Xbike (dollars & cents)