Salmone Company reported the following purchases and sales of Its only product. Salmone uses a perpetual Inventory system. Determine the cost assigned to ending inventory using LIFO. Units Sold at Retail Date May 1 5 10 15 24 Activities Beginning Inventory Purchase Sales Purchase Sales Units Acquired at Cost 150 units @ $10.00 220 units @ $12.00 140 units @ $20.00 100 units @ $13.00 90 units @ $21.00 Multiple Choice $5,440 $2,460 $2.860 $2.590 $2.980