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	175	units	@	$	10.00	=	$	1,750
Jan.	10		Sales										135	units	@	$	19.00
Jan.	20		Purchase	130	units	@	$	9.00	=		1,170
Jan.	25		Sales										140	units	@	$	19.00
Jan.	30		Purchase	250	units	@	$	8.50	=		2,125
			Totals	555	units					$	5,045		275	units
The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 280 units, where 250 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. GIVE ANSWERS FOR TABLES BELOW- THE BOXES FILLED OUT ARE THE ONLY ONES THAT NEED NUMBERS

Specific Identification
	Available for Sale			Cost of Goods Sold			Ending Inventory
Purchase Date	Activity	Units	Unit Cost	Units Sold	Unit Cost	COGS	Ending Inventory- Units	Cost Per Unit	Ending Inventory- Cost
Jan. 1	Beginning inventory	175	$1750.00	0			175	$1,750.00	$306,250
Jan. 20	Purchase	130	$1170.00	125	$1170.00	$146,250	5	$1,170.00	$5,850
Jan. 30	Purchase	250	$2125.00	250	$2125.00	$531,250	250	$2,125.00	$531,250
		555		375		$677,500	430		$843,350

Weighted Average - Perpetual:
	Goods Purchased			Cost of Goods Sold					Inventory Balance
Date	# of units		Cost per unit	# of units sold		Cost per unit	Cost of Goods Sold		# of units		Cost per unit	Inventory Balance
January 1									175	@	$10.00	=	$1,750.00
January 10				135	@	$10.00	=	$1,350.00	40	@	$10.00	=	$400.00
January 20	130	@	$9.00						40	@	$10.00	=	$400.00
									130	@	$9.00	=	1,170.00
Average cost									170	@	$9.24		$1,570.00
January 25				140	@	$9.24	=	$1,293.60	30	@	$9.24	=	$277.20
January 30	250	@	$8.50						30	@	$9.24	=	$277.20
									250	@	$8.50	=	2,125.00
Totals								$2,643.60	280	@	$8.58		$2,402.20