The Boxwood Company sells blankets for $40 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Blankets Units Cost Date May 3 Purchase 7 $15 10 Sale 5 17 Purchase 11 $14 20 Sale 5 23 Sale 2 30 Purchase 11 $19 Assuming that the company uses the perpetual inventory system, determine the ending inventory for the month of May using the LIFO inventory cost method Oa. $342 Ob. $468 Oc. $173 Od. $295