Henan Company had the following activity in its inventory account during May 2020.;DATE. ACTIVITY. UNITS. UNIT COST. TOTAL.;May 1. Beginning inventory 100 $3.00 $300;May 3 Purchase 40 3.10 124;May 7 Sale 50;May 12 Purchase 50 3.20 160;May 16 Sale 70;May 23 Sale 40;May 30 Purchase 60 3.30 198;Units in beginning inventory 100 units;Units purchased 150 units;Units sold 160 units;What is the ending inventory in May 2020 under FIFO as inventory valuation method?