4-6 Test i Saved Help Save & Exit Subm Salmone Company reported the following purchases and sales for its only product Salmone uses a periodic inventory system. Determine the cost assigned to cost of goods sold using LIFO 9 Date Activities Units Acquired at Cost Units Sold at Retail May 1 Beginning Inventory 150 units @ $10.00 May 5 Purchase 220 units @ $12.00 May 10 Sales 140 units @ $20.00 0:45:23 May 15 Purchase 100 units @ $13,00 May 24 Sales 90 units @ $21.00 Multiple Choice O $2,590 O $2,850 O $2 580 O $2,860