2 03:33:14 Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using FIFO. Date May 1 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Sales Units Acquired at Cost 182 units @ $10 = $1,820 252 units @ $12 Units Sold at Retail = $3,024 172 units @ $20 132 units @ $13 = $1,716 122 units @ $21 Multiple Choice $3,396 $6,560 $3,164 $3,266 $3,006