Use the information below to answer the following question. 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 Blankets Units Cost $20 10 17 20 23 30 Purchase Sale Purchase Sale Sale 10 24 Purchase 10 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. a. $372 b. $320 C.$324 d. $364