Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to the ending inventory using FIFO. Date Activities May 1 Beginning Inventory May 5 Purchase May 10 May 15 May 24 Sales Purchase Sales Multiple Choice O $4.300 $5.530 $5340 $330 54390 Units Acquired at Cost 210 units Units Sold at Retail $16 250 units 518 170 units $26 130 units $19 120 units $27