411 cebdl ct 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Emp agraph Styles The Boxwood Company sells blankets for $32.00 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Date Blankets Cost May 03 Purchase $15.00 May 10 Sale May 17 Purchase $14.00 May 20 Sale May 23 Sale May 30 Purchase $24.00 Assuming.that the company uses the perpetual inventory system, determine the ending inventory for the month of May using the LIFO inventory cost method. Select the correct answer. $537.00 $576.00 $365.00 $172.00 (Ctrl)