On January $1,$ a company purchased finished goods with terms $\frac{2}{10},$ net $30.$ The following

data are related to this purchase:

Invoice price: $$6,965$

On January $9$th$,$ the company sent a payment against $$3,693$ of the original invoice. Note that

this was not the amount remitted.

The remaining balance of the invoice was paid on January $31$st$.$

Assuming a balance of zero in the inventory account before the January $1$ purchase, what

should be the balance in the inventory account as of January $31$st if no inventory was sold

during January?