The Boxwood Company sells blankets for $31.00 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 03 Purchase 10 $16.00 May 10 Sale 4 May 17 Purchase 13 $18.00 May 20 Sale 5 May 23 Sale 3 May 30 Purchase 9 $23.00 Assuming that the company uses the perpetual inventory system, determine the ending inventory for the month of May using the LIFO inventory cost method. Select the correct answer. O $208.00 $529.00 O $393.00 O $601.00