Multiple Choice $2,860 $2,460 $2,980 $2,590 $2,850 A company's inventory records report the following: Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale? The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 25 units from the April 16 purchase, 45 units from the April 7 purchase, and 25 units from beginning inventory. Multiple Choice $210 $380 $140 $160 $590 Multiple Choice $10,180. $3,420. $13,800. $4,180. $3,800. Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to the ending inventory using FIFO