Connect Homework [due Day 7] i Saved 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. Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales. Jan. 30 Purchase Totals Units Acquired at Cost 185 units $11.00-$2,035 100 units $10.00 = 1,000 270 units $ 9.50- 2,565 555 units $5,600 Units sold at Retail 145 units @ $20.00 125 units $20.00 270 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 285 units, whe 270 are from the January 30 purchase, 5 are from the January 20 purchase, and 10 are from beginning inventory. Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. 2. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. 3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. 4. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. Complete this question by entering your answers in the tabs below.