Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual 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 330 units @ $18 5 Purchase 3110 units 2 1 10 Sales 230 units @ $28 15 Purchase 190 units $21 24 Sales 180 units @ $29 $16,130 $7540 $8590 $8260 $7750