Shown below is the activity for one of the products of Random Creations: January 1 balance, 84 units $55$4,620 Purchases: January 18:42 units a $55 January 28: 42 units a$56 Sales: January 12: 32 units January 22:32 units January 31: 47 units Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses FIFO. Required: Shown below is the activity for one of the products of Random Creations: January 1 balance, 90 units @$60$5,400 Purchases: January 18: 79 units $60 January 28: 79 units a $61 Sales: January 12: 49 units January 22:49 units January 31: 64 units Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses average cost and a Required: Note: Round intermediate calculations to two decimal numbers. Round your final answers to nearest whole dollar amount. periodic inventory system. Shown below is the activity for one of the products of Random Creations: January 1 balance, 84 units $55$4,620 Purchases: January 18:42 units a $55 January 28: 42 units a$56 Sales: January 12: 32 units January 22:32 units January 31: 47 units Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses FIFO. Required: Shown below is the activity for one of the products of Random Creations: January 1 balance, 90 units @$60$5,400 Purchases: January 18: 79 units $60 January 28: 79 units a $61 Sales: January 12: 49 units January 22:49 units January 31: 64 units Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses average cost and a Required: Note: Round intermediate calculations to two decimal numbers. Round your final answers to nearest whole dollar amount. periodic inventory system