TB MC Qu$.05-158($Algo$)$ Salmone Company reported...

Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determi the cost assigned to the ending inventory using FIFO.

$\backslash$table$[[$Date$,$Activities,Units Acquired at Cost,Units Sold at Retail$],[$May $1,$Beginning inventory,$174$ units @ $$10=$$$1,740,],[$May $5,$Purchase,$244$ units @ $$12=$$$2,928,],[$May $10,$Sales,$124$ units @ $$13=$$$1,612,164$ units @ $$20$