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.

Date	Activities	Units Acquired at Cost					Units Sold at Retail
May 1	Beginning inventory	186 units @ $10	=	$	1,860
May 5	Purchase	256 units @ $12	=	$	3,072
May 10	Sales						176 units @ $20
May 15	Purchase	136 units @ $13	=	$	1,768
May 24	Sales						126 units @ $21

		$3,750
		$3,382
		$3,448
		$3,252
		$6,700