Shown below Is activity for one of the products of Denver Office Equipment: January 1 balance, 530 units @ $55 per unit $29,150 Purchases: January 10: 530 units @ \$60 per unit January 20:1,060 units @ \$64 per unit Sales: January 12: 820 units January 28: 650 units Requlred: Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses average cost and a perpetual Inventory system. Note: Do not round Intermedlate calculations. Round your final answers to nearest whole dollar amount