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TB MC Qu . 0 5 - 1 6 0 ( Algo ) Salmone Company reported... Salmone Company reported the following purchases and sales of

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.
\table[[Date,Activities],[May 1,Beginning inventory],[May 5,Purchase],[May 10,Sales],[May 15,Purchase],[May 24,Sales]]
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