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Shown below is the activity for one of the products of Random Creations: January 1 balance, BO units e $50 $4,000 Purchases: January 40 units

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Shown below is the activity for one of the products of Random Creations: January 1 balance, BO units e $50 $4,000 Purchases: January 40 units @ $51 181 January 40 unite $52 281 salesi January 30 units 121 January 30 units 22: January 45 units 311 Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses average cost and a periodic inventory system. (Round intermediate calculations to two decimal numbers. Round your final answers to nearest whole dollar amount.) Ending inventory Cost of goods sold

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