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 24 Activities Beginning Inventory Purchase Sales Purchase Sales Units Acquired at Cost 350 units @ $20 320 units @ $22 240 units @ $30 200 units @ $23 190 units @ $31 Multiple Choice $9,650 $8.990 $9,560 $8,760