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 5 10 15 Activities Beginning Inventory Purchase Sales Purchase Sales Units Acquired at Cost 280 units $13 285 units $15 205 units $23 165 units @ $16 155 units @ $24 Multiple Choice o $5,715 o $4,840 o $5,555 o $5,360 O $5,000