Laker Company reported the following Jocuary purchases and sales data for its only product. For specific ideneficavion. ending inventory consists of 400 units from the January 30 purchase, 5 unts from the January 20 purchase, and 15 units fram beginning inventory. Assume the periodic imventory system is used: Required: 1. Compute gross proft for the month of January for Laker Company for the four inventory methods using the periotic inventory system. 2. Which mothod yleids the highest gross profit? 3. Does gross profit using weighted average fall between that using FFO and UFO? 4. If costs were rising instead of faling. which method would yleid the highest gross profit? Complete this question by entering your answers in the tabs below. Compute gross profis for the month of Jatuary for Laker Company for the four inventory methods using the periodic invertory sintem. Shtem. Foter hound cont per unit to 2 decinat places and finat amuers to the nearest whole dolar