Shown below is activity for one of the products of Kansas City Summer Gear: January 1 balance, 510 units @ $60 $30,600 Purchases: January 10: January 20: Sales: January 12: January 28: 510 units @ $65 1,020 units @ $69 740 units 760 units Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming the shop uses LIFO perpetual inventory system. Ending inventory Cost of goods sold