Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to the ending inventory using FIFO. Units Sold at Retail Units Acquired at Cost 188 units @ $10 $1,880 258 units @ $12 $3,096 = = Date May 1 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Sales 178 units @ $20 138 units @ $13 = $1,794 128 units @ $21