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 May 1 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Sales Units Acquired at Cost 164 units @ $10 = $1,640 234 units @ $12 = $2,808 Units sold at Retail 154 units @ $20 114 units @ $13 $1,482 = 104 units @ $21