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 $165$ units @ $ $9\mathrm{.}00=$ $ $1,485$

Jan. $10$ Sales $125$ units @ $ $18\mathrm{.}00$

Jan. $20$ Purchase $110$ units @ $ $8\mathrm{.}00=880$

Jan. $25$ Sales $125$ units @ $ $18\mathrm{.}00$

Jan. $30$ Purchase $230$ units @ $ $7\mathrm{.}50=1,725$

Totals $505$ units $ $4,090250$ units

The Company uses a perpetual inventory system. For specific identification, ending inventory consists of $255$ units, where $230$ are from the January $30$ purchase, $5$ are from the January $20$ purchase, and $20$ are from beginning inventory.

Required:

$1.$ Complete comparative income statements for the month of January for Laker Company for the four inventory methods. Assume expenses are $$1,500$ and that the applicable income tax rate is $40\%.($Round your Intermediate calculations to $2$ decimal places.$)$LAKER COMPANY

Income Statements

For Month Ended January $31$

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