Salmone Company reported the following purchases and sales of its only product. Saimone uses a perpetual 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 350 units @ $20 5 Purchase 320 units e $22 10 Sales 240 units e $30 15 Purchase 200 units e $23 24 Sales 190 units $31 Multiple Choice $18.640 $8,760 $8.990 39.380