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 01 Product 2 Units Cost Purchase 9 $17.00 May 10 Sale 5 May 17 Purchase 12 $18.00 May 201 Sale 5 May 23 Sale May 30 Purchase 2 11 $23.00 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. Select the correct answer. O $86.00 O $89.00 O $155.00 O $175.00