Salmone Company reported the following purchases and solen of its only product, Salmone uses a perpetual inventory wystom Determine the cont assigned to cost of goods sold using FIFO. Units sold at Retail Date Units Acquired at Cost 170 units $10 - $1,700 240 units $12 - $2,880 Activities Beginning inventory Purchase Sales Purchase Sales May 1 May 5 May 10 May 15 May 24 160 units # $20 120 units $13 - $1,560 110 units $21