$3850 and $2100 are also options

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 Aequired at Cost Units sold at Retail May 1 Beginning inventory 150 units @ $10 - $1,500 May 5 Purchase 220 units e $12 - $2,640 May 10 Sales 140 units & $20 May 15 100 units @ $13 - $1,300 May 24 Sales 90 units & $21 Purchase Multiple Choice $2,250 $3.180 $2.580