The Boxwood Company sells blankets for $36 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 10 $14 10 Sale . 17 Purchase 16 $15 20 Sale 6 23 Sale 2 30 30 Purchase. 10 $19 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. 1190 Ob. $30 Oc. 390 Od. 342