At February 1 2022 the balance in Goebel Inc.'s supplies account was $3500.During February Goebel purchased supplies of $3000 and used supplies of $4000.At the end of February the balance in the Supplies account should be

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The balance at the beginning of February was $3500. Goebel purchased $3000 worth of supplies, increasing the balance to $6500. They used $4000 worth of supplies, reducing the balance to $2500.

At February 1 2022 the Balance in Goebel Inc