Laker Company reported the following January purchases and sales data for its only product. Units sold at Retail Units Acquired at Cost 185 units@ $11.00 - $2,035 145 units @ $20.00 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase 100 units @ $10.00 = 1,000 125 units @ $20.00 270 units@ $ 9.50 = 2,565 $5,600 Totals 555 units 270 units The Company uses a perpetual Inventory system. For specific identification, ending Inventory consists of 285 units, where 270 are from the January 30 purchase. 5 are from the January 20 purchase, and 10 are from beginning inventory Required: 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required information Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Round cost per unit to 2 decimal places.) Perpetual FIFO Goods Purchased Inventory Balance Cost Cost of Goods Sold Cost # of units sold per Cost of Goods Sold unit Cost #of units Date Per # of units unit per unit Inventory Balance January 1 185 CO S11 00 $ 2,035.00 January 10 January 20 January 25 January 30 Totals