Determine the cost assigned to ending inventory and to cost of goods sold using FIFO.

Laker Compeny reported the following January purchases and soles date for its only product. For specific identification, ending inventory consists of 370 units from the January 30 purchase, S units from the January 20 purchase, end IS units from beginning inventory. s 3,190 ld, 295 Units Acquired at Cost Units sold at Retail January January January January January la 25 Activities Beginning inventory Sales Purchase Sales Purchase Totals 22e units 17'? units 37e units 76e units S 14.50 S 13.50 S 13.00 2,295 4, 81b 17 a zea 37a units units units S 23.50 S 23.50