Ch 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 Units sold Jan: inventory Jan. 10 Sales Jan.20 Purchaae Jan.25 Sales Jan. 30 Purchase Beginni ng140 unita600 840 60 units@ $5.00= 300 180 units@$4.SO= 810 100 units $15 80 units8 $15 Totals 380 units $1,950 180 units Required 1. Complete comparative Income statements for the month of January for Laker Company for the four inventory methods. Assume expenses are S1250, and that the applicable income tax rte is 40%. (Round your average cost per unit to 2 decimal places) LAKER Income Statements COMPANY For Month Ended January 31 Specific Weighted FIFO LIFO Cost of goods sold Gross protit Income before taxes Net income