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Shown below is the activity for one of the products of Random Creations: January 1 balance, 95 units (a) $54$5,130 Purchases: January18:50units@$61January28:50units@$62 Sales: January 12:

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Shown below is the activity for one of the products of Random Creations: January 1 balance, 95 units (a) $54$5,130 Purchases: January18:50units@$61January28:50units@$62 Sales: January 12: 40 units January 22: 40 units January 31: 55 units 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. Note: Round Intermedlate calculations to two decimal numbers. Round your final answers to nearest whole dollar amount

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