Shown below is the activity for one of the products of Random Creations: January 1 balance, 80 units $50 $4,000 Purchases: January 40 units @ $51 18: January 40 units @ $52 28: Salest January 30 units 121 January 30 units 22: January 45 units 31: Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses LIFO and a periodic Inventory system $ 50 Ending inventory Cost of goods sold $ 51