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. }UhiCs Acquired Cost $16. so $ 3,960 $15. so $15.00 $12,295 Jan. Jan. Jan. Jan Jan. I Beginning inventory 240 Sales Purchase Sales Purchase Totals 170 380 790 uni t s & uni t s & uni t s & uni t s 2, 635 s, 700 190 units 190 units 380 units $2S.so $2S.so The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 410 units, where 380 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. Required: 1. Complete comparative income statements for the month of January for Laker Company for the four inventory methods. Assume expenses are $2,250, and that the applicable income tax rate is 40%_ (Round your Intermediate calculations to 2 decimal places.) Income Statements For Month Ended January 31 Sales Cost of goods sold Gross profit Expenses Income before taxes Income tax expense Net income Specific 9,690 6,106 3,685 2,250 1,336 534 801 s Weighted 9,690 6,123 3,667 2,260 1,317 627 790 s s 9,690 9,690 2,250 7,440 7 440 s s 9,690 9,690 2,260 7,440 7,440