Shown below is activity for one of the products of Denver Office Equipment:

January 1 balance, 540 units @ $50 $27,000
Purchases:
January 10:	540 units @ $55
January 20:	1,020 units @ $56
Sales:
January 12:	910 units
January 28:	790 units

Required:

Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses average cost periodic inventory system. (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.)