Question 33 Not yet answered Use the information below to answer the following questions. Flag question Marked out of 1 The Boxwood 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 17 Purchase 10 $25 20 Sale 6 23 Sale 3 30 Purchase 10 $30 Assuming that the company uses the perpetaal inventory system, determine the ending inventory for the month of May using the LIFO inventory cost method