Shown below is the activity for one of the products of Random Creations:

January $1$ balance, $80$ units @ $$50$ $$4,000$

Purchases:

January $18$: $40$ units @ $$51$

January $28$: $40$ units @ $$52$

Sales:

January $12$: $30$ units

January $22$: $30$ units

January $31$: $45$ units

Required:

Compute the January $31$ ending inventory and cost of goods sold for January, assuming Random Creations uses LIFO and perpetual inventory system.

Note: Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.