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.

Date Activities Units Acquired at Cost Units Sold at Retail

May $1$ Beginning inventory $184$ units @ $$10=$ $$1,840$

May $5$ Purchase $254$ units @ $$12=$ $$3,048$

May $10$ Sales $174$ units @ $$20$

May $15$ Purchase $134$ units @ $$13=$ $$1,742$

May $24$ Sales $124$ units @ $$21$