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. Blankets Date Units Cost May 3 Purchase 5 $16 10 Sale 4 83 17 Purchase 12 17 20 Sale 4 23 Sale 2 30 Purchase 12 18 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. $335 Ob. 5478 c. $216 Od. $173