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.

$\backslash$table$[[$Date Activities,Units Acquired at Cost,Units Sold at Retail$],[\backslash$table$[[$May $1$ Beginning Inventory$],[5$ Purchase$]],\backslash$table$[[160$ units @ $$11$