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 10 15 24 Activities Beginning Inventory Purchase Sales Purchase Sales Units Acquired at Cost 260 units @ $11 275 units @ $13 155 units @ $14 195 units @ $21 145 units @ $22 Multiple Choice $8,605 O $3,900 O $4,040 O $4,705 $4,340