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. Date Activities May 1 Beginning Inventory May 5 Purchase May 10 Sales May 15 Purchase May 24 Sales Multiple Choice $5,055 Units Acquired at Cost Units Sold at Retail 200 units @ $15 245 units @ $17 165 units @ $25 125 units @ $18 115 units @ $26