hapter 5: Homework Saved 10 t1 of 5 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. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 190 units from the January 30 purchase, 5 units from the January 20 purchase, and 20 units from beginning inventory. Date January 1 January 10 Activities Beginning inventory Sales January 20 eBook January 25 January 30 Purchase Sales Purchase Totals Hist Required: Ask Print eferences Units Acquired at Cost 145 unite $7.00- $1,015 Units sold at Retail 105 units $16.00 70 units $ 6.00- 420 5 unit $ 16.00 190 units 405 units $5.50- 1,045 $2,480 190 unit 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. Specific Id Weighted Average FIFO LIFO Help Save & Exit Submit Check my work