uplemen During the month of June, Ace Incorporated purchased goods from two suppliers. The sequence of events was as follows: June 3 Purchased goods for $4,889 from Diamond Inc. with terns 3/12, n/45. 5 Returned goods costing $1,450 to Dianand Inc. for credit on account. 6 Purchased goods from Club Corp. for $1,350 with terms 3/12, n/45. 11 Paid the balance cwed to Dianond Inc. 22 Paid Club Corp. 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 mon Calculate the cost of Inventory as of June 30. (Do not found Intermediate calculations. Round your answer to 2 decimal places Cost of Inventory