Shown below is activity for one of the products of Denver Office Equipment January 1 balance, 560 units @ 356 per unit Purchases January 569 units 561 per unit 1.120 units @ $65 per unit January Sales: January 940 units January 810 units Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses LIFO and a perpetual inventory system Ending inventory Cost of goods sold