14 Salmone Company reported the following purchases and sales of its only product Salmone uses a perpetual inventory system. Determine the cost assigned to ending inventory using LIFO Date May 1 023811 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Units Acquired at Cost 158 units $10-$1,580 228 units @ $12 - $2,736 Units Sold at Retail Sales 148 units $20 Purchase 108 units $13-$1,404 Sales 98 units # $21 Multiple Choice O $5.720 $2.540 $2.670 Next >