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

January 1 balance, 650 units @ $60 per unit $39,000
Purchases:
January 10:	650 units @ $65 per unit
January 20:	1,200 units @ $70 per unit
Sales:
January 12:	1,000 units
January 28:	790 units

Required:

Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses LIFO and a perpetual inventory system.

ENDING INVENTORY =

COST OF GOODS SOLD =