The Boxwood Company sells blankets for $38.00 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1 Date May 03Purchase May 10 Sale May 17Purchase May 20 Sale May 23 Sale May 30 Purchase Blankets Units Cost $16.00 14 $18.00 $21.00 Assuming that the company uses the perpetual inventory system, determine the ending inventory for the month of May using the LIFO inventory cost method. Select the correct answer. $483.00 $174.00 $585.00 $411.00