The Boxwood Company sells blankets for $32 each. The following was taken from the inventory records during May. The company had ne beginning inventory on stay . Date Blankets Units Cost May 3 Purchase 11 $15 10 Sale 5 17 Purchase 10 $16 20 Sale 8 23 Sale 2 30 Purchase 10 522 Assuming that the company uses the perpetuat inventory system, determine the cost of goods sold for the sale of May 20 using the FIFO inventory cont method. a. 3126 Ob. $123 Oc. 5203 Od 5218