Calculator Boxwood Company sells blankets for $36 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 $14 10 Sale 3 17 Purchase 9 $15 20 Sale 4 23 Sale 2 30 Purchase 9 $16 Assuming that the company uses the perpetual Inventory system, determine the ending Inventory for the month of May using the LIFO Inventory cost method. a. S109 b. 5262 c. $217 d. $172 Previous Next > Email Instructor Submit test for Grading All work saved