TB MC Qu. 158 (Static) 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 Units Acquired at Cost 150 units @ $10.00 220 units @ $12.00 Date May 1 May 5 May 10 May is May 24 Activities Beginning Inventory Purchase Sales Purchase Sales 140 units @ $20.00 100 units $13.00 90 units $21.00 Multiple Choice $2.590 52460 Saved Help Save & Exit Submit Multiple Choice $2590 $2.460 $2.980 $2.860 $2.850