The Boxwood Company was blankets for $38 each. The following was taken from the inventory records during Hay. The company had to being Inventory on 1 Date Blankets Units Cost May Purchase 40 10 16 17 Purchase 40 520 20 20 Sale Sale 23 4 121 30 Purchase 20 Ating that the company uses the perpetual inventory system, determine the gross profit for the sale of Mar 23 wing the FIFO inventory cost method O 12 Oce Pros Next) DOLL & O 8 7 P. o R T Enter L