Question 17 (Mandatory) (1 point) Use the following information to answer Questions 22. The Boxwood Company sells blankets for $60 each. The following was taken from the inventory records during May. Date Product Z Units Cost May 3 Purchase 5 $30 May 10 Sale 3 May 17 Purchase 10 $34 May 20 Sale 6 May 23 Sale 3 May 30 Purchase $40 10 Assuming that the company uses the perpetual inventory system, determine the ending inventory for the month of May using the average inventory cost method. $502 $452 $500 $450