The Boxwood Company sells blankets for $31 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 31 Purchase 7 $16 10 Sale 4 17 Purchase 14 $17 20 Sale 5 23 Sale 3 30 Purchase 9 $21 Assuming that the company uses the perpetual inventory system, determine the cost of goods sold for the sale of May 20 using the FIFO inventory cost method. Ca. 583 Ob. $133 Oc. $82 Od. $149