Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system, Determine the cost assigned to cost of goods sold using FIFO. 23 Date May 1 May 5 May 10 May 15 Purchase May 24 Sales Activities Units Acquired at Cost Units Sold at Retail Beginning inventory 184 units $10 Purchase 254 units @ $12 $1,840 $3,048 Sales 174 units $20. 134 units @ $13 = $1,742 124 units @ $21