1 During the months of January and February, Axe Corporation purchased goods from three suppliers The sequence of events was as follows 3 6 Purchased goods for $1.500 from Green with terms 1/10, 1/30. 6 Purchased coods from Hunor for $1.050 with term 3/10, 1/30. 14 Pald Green in full Feb. 2 Pald Nunor in full 24 Purchased goods for $500 from Reynolds with term n/30. Required: Assume that Axe uses a perpetual inventory system the company had no inventory on hand at the beginning of January, and no sales were made during January and February Calculate the cost of inventory as of February 28 eBook Hint Cofiwtory Print lerences