The Loyd Company had 150 units of product Omega on hand at December 1, Year 1, costing $400 each. Purchases of product Omega during December were as follows: Date December 7 December 14 December 29 Units 100 200 Unit Cost $440 460 500 300 Sales during December were 500 units on December 30. Assume that a perpetual inventory system is used. Round per unit costs to two decimal places. The cost of inventory at December 31, Year 1, under the moving average method would be closest to: O A. $125,000 O B. $115,000 OC. $100,000 OD. $104,000