Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using FIFO. Date Units Sold at Retail May 1 Units Acquired at Cost 170 units @ $12 230 units @ $14 5 Activities Beginning Inventory Purchase Sales Purchase Sales 10 150 units @ $22 110 units @ $15 15 24 100 units @ $23 Multiple Choice X $3.310 O $3,750 O $3,600