3,2605,180;,5803,5803,150

y. Connect Homework [due Day 7] i Saved Help Save Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to ending inventory using LIFO. Date Activities Units Acquired at Cost Units Sold at Retail May 1 Beginning Inventory 250 units @ $10 5 Purchase 270 units @ $12 10 Sales 190 units @ $20 15 Purchase 150 units @ $13 24 Sales 140 units @ $21 Multiple Choice O $3,260 O $5,180 O $4,580