The Boxwood Company sells blankets for $38 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Date Blankets May 3 Purchase Units Cost 10 $15 10 Sale 3 17 Purchase 122 $18 22 20 Sale 8 23 Sale 2 30 30 Purchase 11 $24 Assuming that the company uses the perpetual inventory system, determine the cost of goods sold for the sale of May 20 using the FIFO inventory cost method. Oa. $123 b. $141 Oc. $249 Od. $189