Question: Please round the final answer to the whole dollar Shown below is activity for one of the products of Denver Office Equipment: January 1 balance,

Please round the final answer to the whole dollar

Shown below is activity for one of the products of Denver Office Equipment:

January 1 balance, 570 units @ $50 $28,500
Purchases:
January 10: 570 units @ $60
January 20: 1,060 units @ $61
Sales:
January 12: 1,000 units
January 28: 770 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. (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.)

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