The following transactions of Issy Manufacturers, that uses the perpetual inventory system, took pli February $2020$ in respect of a part used in production:

$\backslash$table$[[$Feb$,,],[01,$Stock on hand,$300$ units @ R$17$ per unit$],[07,$Issued to production,$210$ units$],[14,$Purchased from supplier,$900$ units @ R$17\mathrm{.}50$ per unit$],[15,$Issued to production,$350$ units$],[16,$Retumed to supplier $($purchased on $14$ February $2020),60$ units$],[25,$Issued to production,$400$ units$]]$

Required:

Using the first$-$in$-$first$-$out $($FIFO$)$ method, calculate the value of closing inventory as at $28$ February $202$

$(10)$