TB MC Qu$.05-160($Algo$)$ Salmone Company reported...

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.

$$5\mathrm{.}790$

$$2\mathrm{.}560$

$$2\mathrm{.}690$

$$3,230$

$$3,110$