Though Final exam-3 hours Correct Sign in M. North and College Pa Pre Pest S80 Ok Question 4 18 02:53:30 During the months of January and February: Axen Corporation purchased goods from three suppliers. The sequence of events was a follows Jen. Purchased goods for $2,400 from Green with teres 3/30, n/30 Purchased goods from unos for $1,860 with teres 3/10, 1/36 14 Paid Gwen in full Feb. 2 Paid Pune in full 28 Purchased gods for $598 from feynolds with terms 2/10, /45 Required: Assume that Axen 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 25 Help S&Ex