Salmone Company reported the following purchases and sales for its only product. Salmone uses a periodic inventory system. Determine the cost assigned to cost of goods sold using LIFO. Date May 1 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Sales Units Acquired at Cost 174 units @ $10 = $1,740 244 units @ $12 = $2,928 Units Sold at Retail 164 units @ $20 124 units @ $13 = $1,612 114 units @ $21