Shown below is activity for one of the products of Denver Office Equipment January 1 balance, 680 units $55 per unit $37,400 Purchases January 10: 680 units e$60 per unit January 20: 1,190 units 562 per unit Sales: January 12: 850 units January 28: Bze units Required: Compute the January 31 ending Inventory and cost of goods sold for January, assuming Denver uses FIFO. Ending inventory Cost of goods sold