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

January 1 balance, 520 units @ $50 $26,000
Purchases:
January 10:	520 units @ $55
January 20:	1,040 units @ $59
Sales:
January 12:	780 units
January 28:	770 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. (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.)