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. Units Date Blankets Cost May 3 Purchase 6 $14 10 Sale 3 17 Purchase 15 15 22 20 Sale 5 23 Sale 2 30 Purchase 15 24 Assuming that the company uses the perpetual inventory system, determine the ending inventory value for the month of May using the FIFO inventory cost method. Oa. $288 Ob. $723 c. $360 Od. $525