During the months of January and February. Axe Corporation purchased goods from three suppliers. The sequence of events was as follows: January 6 Purchased goods for $1,600 from Green with terns 2.5/10,n/36. January 6 Purchased goods from hunot for $1,100 with teres 3/10,n/30. Janwary 14 paid Gireen in full. February 2 . Paid Hunoz in full. Fehruary 26 Purchased goods for 5250 from Reyolds with terns n/30. Required: Assume that Axe uses a perpetual inventory system, the company had no inventory on hand at the beginning of Januacy, and na sales were made during January and Fobruary Calculate the cont of inventocy as of february 28