During the month of June, Ace incorporated purchased goods from two suppliers. The sequence of events was as follows: June 3 Purchased goods for $5,000 from Dianond Incorporated with terms 2/10,n/30. June 5 Returned goods costing $1,609 to Dianond Incorporated for credit on account. June 6 . Purchased goods from Club Corporation for $950 with terms 2.5/10,n/30. June 11 Paid the balance owed to Oiasond Incorporated. June 22. Paid Club Corporation in full. Required: Assume that Ace uses a perpetual inventory system and that the company had no inventory on hand at the beginning of the mont Calculate the cost of inventory as of June 30 . (Do not round intermediate calculations. Round your answer to 2 decimal places.)