Salmone Company reported the following purchases and sales for its only product. Salmone uses a periodic inventory system. Determine the cost assigned to cost of goods sold using LIFO Date May1 5 Purchase Activities Units Acquired at Cost Units sold at Retail Beginning Inventory 230 units e $18 ts 260 units$20 00.21:46 180 units $28 10 Sales 140 units $21 15 Purchase 24 Sales 130 units $29 mp s n Multiple Choice ma om $5,950 egg. areh the o $5,940 omp $6,340 returr ated c