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 Datel Activities May 1 Units Acquired at Cost Units Sold at Retail Beginning inventory 168 units May 5 Purchase 238 units $10-$1,680 $12-$2,856 May 10 Sales 158 units @ $20 May 15 Purchase 118 units @ $13-$1,534 May 24 Sales 108 units @ $21 Multiple Choice $2,856 O $3.310 O $2,986 O $3,430 $3300