Boxwood Company sells blankets for $$33$ each. The following information was taken from the inventory records during May. The company had no beginning inventory on May $1.$ Boxwood uses a perpetual inventory system.

Date Blankets Units Cost

May $3$ Purchase $26$ $$12$

$10$ Sale $10$

$17$ Purchase $37$ $$14$

$20$ Sale $18$

$23$ Sale $5$

$30$ Purchase $35$ $$15$

Determine the gross profit for the sale of May $23$ using the FIFO inventory costing method.

a$.$ $$95$

b$.$ $$192$

c$.$ $$70$

d$.$ $$220$