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 172 units @ $10 - $1,720 242 units @ $12 - $2,904 162 units @ $20 122 units @ $13 = $1,586 112 units @ $21 Multiple Choice $3,136 $3,146 O $3,266 $2,944 $2,876