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 186 units @ $10 = $ 1,860 May 5 Purchase 256 units @ $12 = $ 3,072 May 10 Sales 176 units @ $20 May 15 Purchase 136 units @ $13 = $ 1,768 May 24 Sales 126 units @ $21 Multiple Choice $3,760 $2,820 $2,950 $3,750 $3,880