Henri Company's Inventory and Purchases Accounts Show the Following Data

Multiple Choice

Henri Company's inventory and purchases accounts show the following data: $\begin{array}{llrr}&&\text {Units }&\text {Unit Cost }\\\hline\text { Inventory, } & \text { January 1 } & 10,000 & \$ 9.20 \\\text { Purchases: } & \text { June 18 } & 9,000 & 8.00 \\& \text { Novermber 8 } & 6,000 & 7.25\end{array}$ A physical inventory on December 31 shows 3,000 units on hand. Henri sells the units for $12 each. Henri uses the periodic inventory method. What is the cost of goods available for sale?

A) $170,700
B) $178,500
C) $207,500
D) $300,000