need answer only for requirement 5

4. INVENTORY CALCULATIONS: Laker Company reported the following January purchases: January 1 January 10 January 20 January 25 Beginning inventory 140 units @ $6.00 Purchased 60 units @ $5.00 Sold Purchased 80 units @ $10.00 180 units @$4.50 $840 $300 $810 On January 31, Laker Company had 300 units of ending inventory. Calculate the ending value using FIFO and LIFO in the appropriate spaces. (10 points) FIFO LIFO 5. What value would Laker Company use for the ending inventory if they were using the Weighted Average Method? (5 points)