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.

$\backslash$table$[[$Date$,$Activities,Units Acquired at cost$,$Units Sold at Retail$],[$May $1,$Beginning inventory,$172$ units @ $$10=$$$1,720,],[$May $5,$Purchase,$242$ units @ $$12=$$$2,904,162$ units @ $$20$