Shown below is activity for one of the products of Denver Office Equipment January 1 balance, 690 units $50 per unit 141,400 Purchases: January 10 690 units 564 per unit January 201 1,220 units 566 per unit Salast January 12: 1.000 units January 28 300 units Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses LIFO and a perpetual inventory system. es Ending inventory Cost of goods sold $ $ 46.491 118,319 Shown below is activity for one of the products of Denver Office Equipment January 1 balance, 630 units @ $55 per unit $34,650 Purchases: January 10: 630 units @ $60 per unit January 20: 1,260 units @ 562 per unit Sales: January 12: 990 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 perpetual Inventory system. (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) Answer is complete but not entirely correct. $ Ending inventory Cost of goods sold 50.180 100 390