Teo U Minutes Shown below is activity for one of the products of Denver Office Equipment January 1 balance 570 with $50 per unit $26,500 Purchase January 10: 570 unit 60 per unit January 201 1.040 units 361 per unit Sales: January 123 1.000 units January 21 770 unite 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