Calculator The Boxwood Company sells blankets for $ 35.00 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Blankets Cost Date Units 10 $19.00 May 03 May 10 May 17 May 20 Purchase Sale $16.00 Purchase Sale 4 3 May 23 Sale $24.00 12 May 30 Purchase 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. Select the correct answer. O$361.00 O$304.00 O$400.00 O$456.00