Boxwood Company sells blankets for $37 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 6 $19 Purchase Sale 10 3 12 $20 17 20 23 Purchase Sale Sale 30 Purchase Assuming that the company uses the perpetual inventory system, determine the ending inventory for the month of May using the LIFO inventory cost method. enow.com/ilrn/takeAssignment/take AssignmentMain.a Under a periodic inventory system