Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to ending inventory using LIFO. Units Sold at Retail Date May 1 5 Units Acquired at Cost 210 units @ $16 250 units @ $18 Activities Beginning Inventory Purchase Sales Purchase Sales 170 units @ $26 10 15 130 units @ $19 120 units @ $27 24 Multiple Choice $4,800 $5,440 $4,990 $10,330 $5,530