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 Units Date Blankets Cost May 3 Purchase 9 $17 10 Sale 5 17 Purchase 10 $14 20 Sale 4 23 Sale 3 30 Purchase 11 $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. O. 556 Obse Oc585 Od: 20