Laker Company reported the following January purchases and sales data for its only product.

Date			Activities	Units Acquired at Cost								Units sold at Retail
Jan.	1		Beginning inventory	150	units	@	$	7.50	=	$	1,125
Jan.	10		Sales										110	units	@	$	16.50
Jan.	20		Purchase	80	units	@	$	6.50	=		520
Jan.	25		Sales										90	units	@	$	16.50
Jan.	30		Purchase	200	units	@	$	6.00	=		1,200
			Totals	430	units					$	2,845		200	units

The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 230 units, where 200 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory.

Weighted Average - Perpetual: Goods Purchased Inventory Balance Cost per Cost of Goods Sold # of units Cost per Cost of Goods sold unit Sold # of units Date # of units unit Cost per unit Inventory Balance January 1 150 @ $ 7.50 = $1,125.00 January 10 January 20 Average cost January 25 January 30 Totals Required 1 Required 3 Required 1 Required 2 Required 3 Required 4 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. Specific Identification Available for Sale Cost of Goods Sold Purchase Date Ending Inventory Ending Ending Cost Per Inventory- Inventory- Units Cost Activity Unit Cost Units Units Sold Unit Cost COGS Unit lan. 1 Beginning inventory Purchase an. 20 150 $ 7.50 80 $ 6.50 200 $ 6.00 430 Jan. 30 Purchase 0 $ 0 0 $ 0