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

Date	Activities	Units Acquired at Cost	Units Sold at Retail
May 1	Beginning Inventory	170 units @ $12
5	Purchase	230 units @ $14
10	Sales		150 units @ $22
15	Purchase	110 units @ $15
24	Sales		100 units @ $23