Holliday Company's Inventory Records Show the Following Data A Physical Inventory on December 31 Shows 2,000 Units on Units

Holliday Company's inventory records show the following data:
$\begin{array}{lrr}&\text { Units }&\text { Unit Cost }\\\text { Inventory, January } 1 & 5,000 & £ 4.50 \\\text { Purchases: June 18 } & 4,500 & 4.00 \\\text { November } 8 & 3,000 & 3.50\end{array}$

A physical inventory on December 31 shows 2,000 units on hand. Holliday sells the units for $£ 6$ each. The company has an effective tax rate of $20 \%$ . Holliday uses the periodic inventory method. What is the cost of goods available for sale?

A) $£ 10,500$
B) $£ 18,000$
C) $£ 22,500$
D) $£ 51,000$