hown below is activity for one of the products of Denver Office Equipment:

January 1 balance, 560 units @ $56 $31,360
Purchases:
January 10:	560 units @ $61
January 20:	1,120 units @ $65
Sales:
January 12:	940 units
January 28:	810 units

Required:

Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses average cost and a periodic inventory system.