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 160 units @ $ 8.50 = $ 1,360 Jan. 10 Sales 120 units @ $ 17.50 Jan. 20 Purchase 100 units @ $ 7.50 = 750 Jan. 25 Sales 120 units @ $ 17.50 Jan. 30 Purchase 240 units @ $ 7.00 = 1,680 Totals 500 units $ 3,790 240 units rev: 03_03_2017_QC_CS-81438, 10_11_2018_QC_CS-142961 Exercise 6-5A Periodic: Inventory costing LO P3 Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 260 units, where 240 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO.