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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product For specific Identification, ending inventory consists of 230 units, where 180 ore from the January 30 purchase, 5 are fiom the January 20 purchase, and 45 are from beginning inventory Exercise 5-4 (Algo) Periodic: Gross profit effects of inventory methods LO A1 Assume the periodic inventory system is used. Required: Compute gross profit for the month of January for Laker Company for the four inventory methods. Vote: Round cost per unit to 2 decimal places and final answers to the nearest whole dollars. Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product For specific Identification, ending inventory consists of 230 units, where 180 ore from the January 30 purchase, 5 are fiom the January 20 purchase, and 45 are from beginning inventory Exercise 5-4 (Algo) Periodic: Gross profit effects of inventory methods LO A1 Assume the periodic inventory system is used. Required: Compute gross profit for the month of January for Laker Company for the four inventory methods. Vote: Round cost per unit to 2 decimal places and final answers to the nearest whole dollars