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. Date Blankets Units Cost May 3 Purchase 8 $18 10 Sale 3 17 Purchase 15 $14 20 Sale 4 23 Sale 2 30 Purchase 11 $20 Assuming that the company uses the perpetual inventory system, determine the cost of goods