Problem: PLM, a company based in P-land where the currency is the P$, sells a range of bicycles. The company would like to know the total cost of ordering and holding inventory per year. Demand for bicycles is 75 units per month, order costs are P$30 per order and holding costs are P$15 per bicycle per year. PLM has calculated that 60 bicycles should be ordered at a time to minimise inventory costs. Calculate PLM's combined annual total cost of ordering and holding inventory. Give your answer to the nearest whole P$. Do not include symbols, commas or letters in your response.