Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 236 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 51 are from beginning inventory. Date Activities Units Acquired at Cost Units sold at Retail January 1 Beginning inventory 158 units @ $ 6.00 = $ 948 January 10 Sales 82 units @ $ 15.00 January 20 Purchase 78 units @ $ 5.00 = 390 January 25 Sales 98 units @ $ 15.00 January 30 Purchase 180 units @ $ 4.50 = 810 Totals 416 units $ 2,148 180 units