Help Save & E 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. 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 May 15 Purchase 100 units @ $13.00 May 24 Sales 90 units @ $21.00 Multiple Choice $2.860 O $2,460 Prey 1 of 10 !!! Next > $2.860 $2.460 $2,580 $2.590 $2.850