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. Units sold at Retail Date May 1 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Sales Units Acquired at Cost 170 units $10 = $ 1,700 240 units & $12 - $ 2,880 160 units @ $20 120 units @ $13 = $ 1,560 110 units @ $21 Multiple Choice $3 360 $2660 O $3,360 ( ) $2,660 O $2,790 O $3,350 O $3,480