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 160 units @ $10 = $1,600 May 5 Purchase 230 units @ $12 = $2,760 May 10 Sales 150 units @ $20 May 15 Purchase 110 units @ $13 = $1,430 May 24 Sales 100 units @ $21