o o o o . ert - 1 tits et me sr 151 Balas sts Qal terms maha 29 Salmore Company reported the following purchases and sales of its only product Salmone uses a periodic inventory system. Determine the cost assigned to the ending inventory using FIFO Date Metivities Units Aequired at Cont Unita Sold at Retail May 1 Beginning inventory 156 units. $10 - $1,560 May 5 Purchase 226 units 512 - $2.712 May 10 Sales 146 units $20 May 15 Purchase 106 unita $13 = $1,378 May 24 Sales 96 units : 623 Me Choice $300 S. 31000