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.

Date

Activities

Units Acquired at Cost

Units Sold at Retail

May $1$

Beginning inventory

$178$ units @ $$10=$ $$1,780$

May $5$

Purchase

$248$ units @ $$12=$ $$2,976$

May $10$

Sales

$168$ units @ $$20$

May $15$

Purchase

$128$ units @ $$13=$ $$1,664$

May $24$

Sales

$118$ units @ $$21$

A$)$ $$2,932$ B$)$ $$3,908$ C$)$ $$2,860$ D$)$ $$3,860$ E$)$ $$2,520$