Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual 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	300 units @ $15
5	Purchase	295 units @ $17
10	Sales		215 units @ $25
15	Purchase	175 units @ $18
24	Sales		165 units @ $26