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Laker Company reported the following January purchases and sales data for Its only product. Activities Date Units Acquired at Cost Units sold at Retail Jan 1 Beginning Inventory 160 units 720 1.152 95 units $15.20 Jan. 10 Sales 230 units $6.20 426 Jan. 20 Purchase 155 units $15.20 Jan. 25 Sales 100 units $5.20 Jan. 30 Purchase 520 Totals 490 units 3,098 250 units Laker Company uses a perpetual Inventory system. For specific ldent ficatlon, endlng Inventory conslsts of 240 units, where 100 are from the January 30 purchase, 75 are from the January 20 purchase, and 65 are from beginning Inventory