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. Date Activities Units Acquired at cost Units sold at Retail May 1 Beginning inventory 162 units @ $10 = $1,620 May 5 Purchase 232 units @ $12 - $ 2,784 May le Sales 152 units @ $20 May 15 Purchase 112 units @ $13 - $ 1,456 May 24 Sales 102 units @ $21 $3,160 $3,280 $2.710 $2.580 $3,150