Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic 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 330 units @ $18 5 Purchase 310 units @ $20 10 Sales 230 units @ $28 15 Purchase 190 units @ $21 24 Sales 180 units @ $29