Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to ending inventory using LIFO. Units Sold at Retail Date Units Acquired at Cost 164 units e $10 - $1,640 234 units @ $12 - $2,808 Activities Beginning Inventory Purchase Sales Purchase Sales May 1 May 5 May 10 May 15 May 24 154 units $20 114 units $13 - $1,482 104 units & $21 Multiple Choice $2.720 $2.310 $3.720