Salmone Company reported the following purchases and sales of its only product. Saimone uses a pelpetualivientory system. Detemine the cost assigned to the ending inventory using FIFO.

$\backslash$table$[[$Date$,$Activities,Units Acquired at Cost,Units sold at Retafi$],[$May $1,$Beginning inventory,$150$ units @$$10=$$$1,500,],[$May $5,$Purchase,$220$ units @ $$12=$$$2,640,],[$May $10,$Sales,,$140$ units e $$26$