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 200 units @ $7.00 = $1,400 Jan. 10 Sales 160 units @ $18.00 = $2,880 Jan. 20 Purchase 150 units @ $6.80 = 1,020 Jan. 25 Sales 100 units @ $18.00 - $1.800 Jan. 30 Purchase 160 units @ $5.90 = 944 510 units $3.364 260 units $4.680 Laker uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using specific identification, weighted average, FIFO, and LIFO. For specific identification, ending inventory consists of 250 units, where 160 are from the January 30 purchase, 70 are from the January 20 purchase, and 20 are from beginning inventory