Shown below is activity for one of the products of Denver Office Equipment: January 1 balance, 560 units @ $56 per unit $31, 360 Purchases: 560 units @ $61 per unit 10: January 1,120 units @ $65 per unit 20: Sales: January 940 units 12: 810 units 28: Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses average cost and a perpetual inventory system. (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) Ending inventory Cost of goods sold