Question 8 (7 points) Salisbury Company uses the perpetual inventory system and had the following inventory & sales activity for the month of May 2019: Date Activity. Quantity. Unit Price 5/1 Beginning Inventory 175 $11.00 5/5 Purchase 200 $12.50 5/10 Sales 300 $25 5/15 Purchase 200 $14.00 5/20 Sales 250 $28 5/25 Purchase 150 $13.00 Using the LIFO method, determine the dollar value for Ending Inventory at the end of month of May. Round to the nearest cent. Your