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. Activities Date May 1 May 5 May 10 Sales May 15 Purchase May 24 Sales Beginning inventory Purchase Units Acquired at Cost 174 units @ $10 = $1,740 244 units @ $12 = $2,928 Units Sold at Retail 164 units @ $20 124 units @ $13 = $1,612 114 units @ $21 Multiple Choice $6,280 $2,700 $2,830