FU Question 7 The following inventory transactions took place for Blossom Corporation for the month of May: Cost/ Selling Price $3.50 3.70 Date Event May 1 beginning inventory May 5 purchase May 10 purchase May 15 sale May 20 sale May 22 purchase May 24 purchase May 25 sale Quantity 2,010 5,010 4,010 6,000 2,020 3,980 1,980 5,980 3.80 6.10 6.10 4.00 4.00 6.10 Calculate the ending inventory balance for Blossom Corporation, assuming the company uses a perpetual inventory system a Ending inventory $ Question Attempts: 0 of