The first two columns are correct, I'm having a hard time figuring out FIFO and LIFO.

Chapter 6-Homework Saved Help 10 The following information apples to the questions displayed below Laker Corpany reported the following January purchases and sales data for its only product. Part 2 of 2 Date an 1 Beginning inventory an. 1e Sales an, 28 Purchase an. 25 Sales its Mcquired at Cost Units sold at Reteil 155 units8.e0 1,240 115 units $17.80 units $7.89 69 95 units $17.ee 285 points Totals 455 units 53,235 21e units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 245 units, where 210 are from the January 30 purchase, 5 are from the January 20 purchase, and 30 are from beginning inventory eBook Exercise 6-4 Perpetual: Income effects of inventory methods LO A1 Required: 1. Complete comparative income statements for the month of January for Laker Company for the four inventory methods. Assume Prin expenses are $1,400, and that the applicable income tax rate is 40%. (Round your Intermediate calculations to 2 decimal place Income Statrments For Month Ended January 31 Specific Weighted FIFO LIFO ,570 3 3570S 3.570 alas Cost of goods sold Gross proft Expenses Income before taxes Income tax expense Nat incomC 3,570 S 1,595 1.956 1400 556 3.570 1.40 2 170 3,570 400 1,400 230 345 S 334 2 170 2,170