Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to ending inventory using LIFO.
 Date Activities Units Acquired at Cost Units Sold at Retail
May 1 Beginning Inventory 310 units @ $16
5 Purchase 300 units @ $18
10 Sales
220 units @ $26
15 Purchase 180 units @ $19
24 Sales
170 units @ $27

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