The Brentwood Company sells blankets for $60 each. The following was taken from the inventory records during the May. The company sold 20 blankets in the month of may. Date May 5 10 units @ $30, May 12 20 units @ $35, and 20 units @ $40. Assuming that the company uses the periodic inventory system, determine the Ending Inventory for the month of May using the FIFO inventory cost method.