H&H, Inc. had the following balances and transactions during 2020: Beginning Inventory as of 1/1/20: 200 units at $50 3/10/20: Sold 100 units 6/10/20: Purchased 200 units at $54 10/30/20: Sold 150 units What would be reported for Cost of Goods Sold on the Income Statement for the year ending December 31, 2020 if FIFO (first-in, first-out) inventory costing method is used? $13,100 O $12.700 $5,000 O $11.450