Ch 6: Homework. 10 Seved Part 2 of 2 10 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] Laker Company reported the following January purchases and sales data for its only product. points Date Activities ebook Jan. 1 Beginning inventory Jan. 10 Sales Units Acquired at Cost 215 units $14.00-$3,010 Units sold at Retail 165 units @ $23.00 Hom Jan. 20 Purchase Jan. 25 Sales 160 units $13.00 - 2,080 190 units @ $23.00 Jan. 30 Purchase Print Totals References 330 units @ $12.50 = 705 units 4,125 $9,215 355 units The Company uses a perpetual Inventory system. For specific Identification, ending inventory consists of 350 units, where 330 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory.