TB MC Qu. 06-158 (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 the ending Inventory using FIFO. Units Sold at Retail Date May 1 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Sales Units Acquired at Cost 176 units @ $10 = $1,760 246 units @ $12 = $2,952 166 units @ $20 126 units @ $13 = $1,638 116 units @ $21 Multiple Choice O $3,318 $3.032 $3,188 $2.928 O $3.198