Use the information below to answer the following questions 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 Blankets Units Cost May 3 Purchase $20 10 Sale 17 Purchase 10 24 Sale 6 20 23 Sale 38 Purchase 10 30 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. O $320 $372 $324 $364