QUESTION 18 Hocus Pocus Company started business in 2020 uses the perpetual inventory method. Hocus purchased 500 units of inventory that cost 54.00 each At a later date the company purchased an additional 600 units of inventory that cost 54 50 each. If Hocus uses a LIFO cost flow method and sells 100 units of inventory the amount of ending inventory appearing on the balance sheet at the end of year 2020 wil be O2 51,400 OD 51.450 OC 51,350 Od $1,200. QUESTION 19