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. May 1 Beginning inventory May 5 Purchase May 10 Sales May 15 Purchase May 24 Sales Multiple Choice $3,660 $3,650 $3,164 $3,294 $3,780 Units Acquired at Cost 182 units @ $10 = $1,820 252 units @ $12 = $3,024 Units Sold at Retail 172 units @ $20 132 units @ $13 = $1,716 122 units @ $21