8 00 Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to cost of goods sold using FIFO. View previous attempt 0.5 points eBook Date Activities May 1 Beginning Inventory 5 Purchase 10 Sales 15 Purchase 24 Sales References Multiple Choice $4,360 $4,960 $5,055 $4,875 $4,540 Units Acquired at Cost Units Sold at Retail 200 units @ $15 245 units @ $17 165 units @ $25 125 units @ $18 115 units @ $26