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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. Multiple Choice $3,370 $3,120 $3,240 $2,980 $3,250 Salmone Company reported the following purchases and sales for its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using LIFO. Multiple Choice $3,810 $2,840 $2,970 $3,800 $3,930