Question: 1.10 please help! thumbs up Shown below is activity for one of the products of Denver Office Equipment: January 1 balance, 650 units @$60 per

1.10 please help! thumbs up 1.10 please help! thumbs up Shown below is activity for one of

Shown below is activity for one of the products of Denver Office Equipment: January 1 balance, 650 units @$60 per unit $39,000 Purchases: January 10: 650 units @$65 per unit January 20:1,200 units a $70 per unit Sales: January 12:1,000 units January 28:790 units Required: 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 intermediate calculations. Round your final answers to nearest whole dollar amount

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