During the month of January and February, Aren Corporation purchased goods from three suppliers. The sequence of events was as follows Jan. 6 Purchased goods for $1,50 from Green with teres 2/1, 39 & Purchased goods from Here for $1,140 with teres 2/1, A/S 14 Pald Green in full Feb. 2 Pald Hunor in full 28 Purchased goods for 5410 from Reynolds with teres 2/3, 4 Required Assume that Aren 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 Purchases Cost of inventory as of February 28 1 ere to search