Boxwood Company sells blankets for $60 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Date May 3 Blankets Purchase Units Cost 5 $20 10 Sale 3 17 Purchase 10. 74 24 20 Sale 6 23 Sale 3 30 Purchase 10 30 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. Xa. $364 Ob. 5324 Oc. $320 Od. $372 Feedback Check My Work Incorrect