Inventory cost (as part of Cost of Goods Sold), is determined in the following way:
Starting Inventory+Inventory Purchases-Inventory Used for Personal Use-Finishing Inventory=Deductible Inventory Cost
You stated you started the year with $0 inventory (first year). Throughout the year, let's say you purchased $30,000 of inventory items. You personally used $250 for yourself, (non-deductible as an expense), and finished the year with $4750 of remaining inventory. The amount of deductible expense is $25000.
Then, the following year, (after ending with $4750 in inventory), you purchase $45250 of additional inventory, $0 personal use, and finish the year with $2000 inventory in stock. Your deductible inventory cost for that year would be $48,000.
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