Salmone Company reported the following purchases and sales of its only product. Saimone uses a periodic inventory system. Determine the cost assigned to cost of goods sold using FIFO. Date May 1 May 5 Activities Beginning inventory Purchase Units Acquired at Cost 184 units $10-$1,840 254 units @ $12 - $3,048 Units Sold at Retail May 10 Sales May 15 Purchase 134 units @ $13 - $1,742 May 24 Sales 174 units @ $20 124 units @ $21 Multiple Choice O sabe $1710 $3630 $3700