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 Units Acquired at Cost 160 units @ $11 225 units @ $13 Activities Beginning Inventory Purchase Sales Purchase Sales 145 units @ $21 105 units @ $14 24 95 units @ $22 Multiple Choice $3,240 $2,800 $2,940 $3,215 $3,355