XYZ Inc. is a manufacturing company that produces and sells widgets. The company uses the weighted-average cost method to calculate the cost of goods sold. The following information is available for the month of January 2023:

Beginning inventory: 100 units at $5 per unit Purchases:

• January 5: 300 units at $6 per unit
• January 15: 200 units at $7 per unit
• January 25: 100 units at $8 per unit Sales:
• January 10: 200 units
• January 20: 200 units
• January 30: 200 units

Calculate the cost of goods sold, ending inventory, and gross profit for the month of January 2023.