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Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 2 8 0 units

Laker Company reported the following January purchases and sales data for its only product. For specific
identification, ending inventory consists of 280 units from the January 30 purchase, 5 units from the January 20
purchase, and 15 units from beginning inventory.
identification, ending inventory consists of 280 units from the January 30 purchase, 5 units from the January 20
purchase, and 15 units from beginning inventory.
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