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. Units Sold at Retail Date May 1 Units Acquired at Cost 290 units e $14 290 units $16 Activities Beginning Inventory Purchase Sales Purchase Sales 10 210 units @ $24 170 units e $17 15 24 160 units $25 Multiple Choice $8,300 Looo O $6.700 $5.500