Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to the ending inventory using FIFO. 20 Units Sold at Retail Date May 1 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Sales Units Acquired at Cost 166 units @ $10 = $1,660 236 units @ $12 = $2,832 156 units @ $20 116 units @ $13 = $1,508 106 units @ $21 Multiple Choice O O $3.188 o o $6,000 $2,812 $3,250 d o $2,942