Boxwood Company sells blankets for $33 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Date Blankets Units Cost May 03 Purchase 5 $15 10 Sale 3 17 Purchase 13 $17 20 20 Sale 5 23 Sale 3 30 Purchase 13 $19 Assuming that the company uses the perpetual inventory system, determine the ending inventory for the month of May using the LIFO inventory cost method. Oa. $362 b. 5447 Oc. $277 Od. $181