Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using FIFO.

$\backslash$table$[[$Date $,$ Activities,Units Acquired at Cost,Units Sold at Retail$],[$May $1$Beginning Inventory,$230$ units @ $$18,],[5$Purchase,$260$ units @ $$20,180$ units @ $$28$