The Boxwood Company sells blankets for $ 34.00 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 9 $20.00 May 10 Sale 5 May 17 Purchase 15 $17.00 May 20 Sale 4 May 23 Sale 2 May 30 Purchase 10 $21.00 Assuming that the company uses the perpetual Inventory system, determine the ending inventory value for the month of May using the FIFO inventory cost method Select the correct answer $460.00 5431.00 $391.00 5483.00