The Boxwood Company sells blankets for $35 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 3 Purchase 8 $17 10 Sale 3 17 Purchase 14 $17 20 Sale 4 23 Sale 2 30 Purchase 10 $22 Assuming that the company uses the perpetual inventory system, determine the cost of goods sold for the sale of May 20 using the LIFO inventory cost method. Oa. $34 Ob. $68 c. $220 Od. $51