Each application for a going-out-of-business sale license or license renewal for any thirty-day period or part thereof shall be accompanied by the following fee:
(a) Twenty-five dollars ($25.00) if the wholesale value of the inventory itemized in the application for a license or the renewal thereof is not in excess of five thousand dollars ($5,000);
(b) Fifty dollars ($50.00) if the wholesale value of the inventory itemized in the application for a license or the renewal thereof is more than five thousand dollars ($5,000) but not in excess of ten thousand dollars ($10,000);
(c) One hundred dollars ($100.00) if the wholesale value of the inventory itemized in the application for a license or the renewal thereof is more than ten thousand dollars ($10,000) but not in excess of twenty-five thousand dollars ($25,000);
(d) Two hundred dollars ($200.00) if the wholesale value of the inventory itemized in the application for a license or the renewal thereof is in excess of twenty-five thousand dollars ($25,000) plus one-half of one percent of the portion of wholesale value of inventory itemized in the application for a license or the renewal thereof which exceeds fifty thousand dollars ($50,000).