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. Units Sold at Retail Activities Units Acquired at Cost Date Beginning Inventory May 1 150 units $10.ee Purchase 220 units@ $12.e0 5 140 units@ $20.00 10 Sales Purchase 1ee units@ $13.ee 15 90 units@ $21.00 24 Sales nces Multiple Choice $2,980 $2,460