Use tha information below to answer the following questions. The Boxwood Company sells blankets for $60 each The following was taken from the inventory records during May. The company had no beginning inventory on May 1 Date Blamkets Units Cost May 3 10 17 20 23 30 Purchase Sale Parchase Sale Sale Parchase S22 10 524 534 Assuming that the company uses the perpetual inventory system, determine the ending inventory value for the month of May using the FIFO inventory cost method