Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to ending inventory using LIFO. Date Units Sold at Retail May 1 Units Acquired at Cost 200 units @ $15 245 units @ $17 5 10 Activities Beginning Inventory Purchase Sales Purchase Sales 165 units @ $25 15 125 units @ $18 24 115 units @ $26 Multiple Choice $3,575 $6,180 $4,530 $5,780 $3,250