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The Boxwood Company sells blankets for $37 each. The following was taken from the inventory records during May. The company had no beginning inventory on

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The Boxwood Company sells blankets for $37 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 7 $18 10 Sale 4 17 Purchase 13 $15 20 Sale 4 23 Sale 3 30 Purchase 8 $21 Assuming that the company uses the perpetual inventory system, determine the ending Inventory for the month of May using the LIFO inventory cost method. Ca. 5112 De 5489 Od 17

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