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

January 1 balance, 530 units @ $55 $29,150

Purchases:

January 10: 530 units @ $60

January 20: 1,060 units @ $64

Sales:

January 12: 820 units

January 28: 650 units

Required:

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