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Salmone Company reported the following purchases and sales of its only product. Salmone uses a...

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Accounting

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.
\table[[Date,Activities,Units Acquired a1,at cost,Units,Sold,at,Retail],[May 1,Beginning inventory,174 units @$10=,=$1,740,,,,],[May 5,Purchase,244 units @ $12=,=$2,928,,,,],[May 10,Sales,,,164,unit,s@,$20
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