Shown below is activity for one of the products of Denver Office Equipment January 1 balance, 550 units @ $55 per unit $30,250 Purchases: January 10: January 20: Sales: January 12: January 28: 550 units $60 per unit 1,030 units $62 per unit 800 units 820 units Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses LIFO and a periodic inventory system. Answer is complete but not entirely correct. Ending inventory Cost of goods sold $29,520 $97.590x < Prev 35 of 35 Next 47F Clear s