Pirate Ltd Employs 5 Staff There Are 260 Work Days in a Year

Pirate Ltd employs 5 staff. Each staff member is entitled to 20 days annual leave per annum. Leave loading of 17.5% is paid when the leave is taken. At 1 July 2013 the balance in the provision for annual leave account was $20 303.
Details of each employees leave entitlement at 30 June 2014 are as follows:
$\begin{array}{|l|l|l|l|}\hline \text { Employee } & \text { Salary } & \begin{array}{l}\text { Days owing @ } \\1 / 7 / 13\end{array} & \begin{array}{l}\text { Days taken } \\\text { during year }\end{array} \\\hline \text { Jo Bird } & \$ 65000 & 17 & 22 \\\hline \text { Bill Brown } & \$ 70000 & 5 & 12 \\\hline \text { Ben Fit } & \$ 85000 & 24 & 18 \\\hline \text { Greg Horn } & \$ 62500 & 3 & 15 \\\hline \text { Lou Hamilton } & \$ 90000 & 9 & 26 \\\hline\end{array}$
There are 260 work days in a year. On 1 July each year all employees receive a 5% wage rise. There are no other wage rises given during the year.
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The closing balance in the provision for annual leave account at 30 June 2014 is:

A) $18 712
B) $19 647
C) $23 086
D) $27 221