Shown below is activity for one of the products of COVID Co.: January 1 balance, 500 units @ $55 per unit Purchases: January 10: 500 units @ $60 per unit January 20:1,000 units @ $63 per unit Sales: January 12: 800 units January 28: 750 units Required: (SHOW YOUR WORKING. You can upload your working for this question via the provided link/button) A) Compute the January 31 ending inventory and cost of goods sold for January, assuming COVID uses FIFO. Compute the January 31 ending inventory and cost of goods sold for January, assuming COVID uses average cost and a perpetual inventory system B ) Paragraph V