An inventory record card for item I-113 shows the following details in 2018. Date Purchases Sales Balance Quantity Cost Quantity Cost Quantity Cost Jan 1 57 $69 Jan 9 142 $64 57 $69 142 $64 Jan 16 57 $69 14 $64 128 $64 Jan 19 29 $78 128 $64 29 $78 Jan 26 117 $64 11 $64 29 $78 Required The company uses the FIFO cost method for inventory valuation under the perpetual inventory system. Calculate the cost of goods sold, and the value of ending inventory on January 26. Do not enter dollar signs or commas in the input boxes. Cost of Goods Sold = $