The Boxwood Company sells blankets for $33.00 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1.

Date	Product T	Units	Cost
May 03	Purchase	10	$14.00
May 10	Sale	4
May 17	Purchase	13	$18.00
May 20	Sale	6
May 23	Sale	3
May 30	Purchase	10	$24.00

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.

$614.00

$218.00

$552.00

$396.00