Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to ending inventory using LIFO.

Date	Activities	Units Acquired at Cost	Units Sold at Retail
May 1	Beginning Inventory	340 units @ $19
5	Purchase	315 units @ $21
10	Sales		235 units @ $29
15	Purchase	195 units @ $22
24	Sales		185 units @ $30

Multiple Choice

• $6,293

• $13,100

• $8,350

• $9,800

• $5,850