oxwood 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

Blankets

Units

Cost

May $3$

Purchase

$5$

$$20$

$10$

Sale

$3$

$17$

Purchase

$10$

$26$

$20$

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.