Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to cost of goods sold using FIFO.

$\backslash$table$[[$Date$,$Activities,Units Acquired at Cost,Units Sold at Retail$],[$May $1,$Beginning inventory,$150$ units @ $$10=$$$1,500,],[$May $5,$Purchase,$220$ units @ $$12=$$$2,640,],[$May $10,$Sales,$100$ units @ $$13=$$$1,300,140$ units @ $$20$