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.

Date Activities Units Acquired at Cost Units Sold at Retail

May $1$ Beginning Inventory $200$ units @ $$15$

May $5$ Purchase $245$ units @ $$17$

May $10$ Sales $165$ units @ $$25$

May $15$ Purchase $125$ units @ $$18$

May $24$ Sales $115$ units @ $$26$

Multiple Choice

$$4,530$

$$3,250$

$$6,180$

$$3,575$

$$5,780$