onnect Assignment Help Save &Exit Submit Check my work During the month of June. Ace Incorporated purchased goods from two suppliters. The sequence of events was as follows June 3 Purchased goods for $3,780 fron Dlanond Inc. with terms 2/15, n/6e. 5 Returned goods costing $1,389 to Dianond Inc. for credit on account. 6 Purchased goods from Club Corp, for $158 with terms 2/15, n/68. 11 Paid the balance owed to Diamond 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 month. Calculate the cost of Inventory as of June 30. (Do not round intermedlate calculations. Round your answer to 2 decimal places.) Type here to search