Shown below is activity for one of the products of Denver office division

17 Shown below is activity for one of the products of Denver Office Equipment January 1 balance, 58 units a $68 per unit Purchases: January 10: 580 units S65 per unit January 1,040 units $68 per unit Sales: January 12: 900 units January 28: 780 units ook Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses FIFO Ending inventory Cost of goods sold