Salmone Company reported the following purchases and sales of its only product. Salmonie uses a perpetual inventory system Determine the cost assigned to the ending inventory using FIFO. Units Sold at Retail Date Activities May 1 Beginning Inventory 5 Purchase 10 Sales 15 Purchase 24 Sales Units Acquired at Cost 160 units @ $11 225 units @ $13 145 units @ $21 105 units @ $14 95 units @ $22