Salmone Company reported the following purchases and sales for its only product. Salmone uses a perpetuanventory system. Determine the cost assigned to cost of goods sold using LIFO. Date Activities Units Acquired at Cost Units Sold at Retail 90 units$14 290 units $16 May Beginning Inventory 5 Purchase 10 sales 15 Purchase 24 Sales 210 unitS $24 170 units $17 160 units $25 Multiple Choice $6.080 $6,250 $5,510 $5,340 $5,900