Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using FIFO. Date Activities Units Acquired at Cost Units Sold at Retail May 1 Beginning Inventory 156 units @ $10.00 5 Purchase 226 units @ $12.00 10 Sales 146 units @ $20.00 15 Purchase 106 units @ $13.00 24 Sales 96 units @ $21.00