ises & Problems Saved Required Information The following information applies to the questions displayed below. Laker Company reported the following January purchases and sales data for its only product. Activities Units sold at Retail 125 units e $18.00 125 units $18.00 250 units Units Acquired at Cost Date Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase 165 units @ $9.0@ $1,485 110 units @ $8.0@ 880 23 :s @ $7.50 = 1.725 Totals 505 units $4,090 The Company uses a perpetual Inventory system. For specific identification, ending Inventory consists of 255 units, where 230 are from the January 30 purchase, 5 are from the January 20 purchase, and 20 are from beginning Inventory Required 1. Complete the table to determine the cost assigned to ending Inventory and cost of goods sold using specific identification. 2. Determine the cost assigned to ending Inventory and to cost of goods sold using weighted average 3. Determine the cost assigned to ending Inventory and to cost of goods sold using FIFO 4. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO Complete this questions by entering your answers in the below tabs Required 2Required 3 Required 4 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification cific Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Ending Cost Per Inventory urchase Date Activity UnitsUnit Cost Unit Cost COGS Inventory- Sold Units Cost Jan. 1 Jan. 20 Jan. 30 Beginning inventory Purchase Purchase 165 110 230 505