Required information Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. (Round cost per unit to 2 decimal places.) Perpetual LIFO: Goods Purchased Cost #of Date units per unit Cost of Goods Sold Cost # of units sold per Cost of Goods Sold unit Inventory Balance Cost per Inventory Balance unit # of units January 1 185 $ 11.00 $ 2.035 00 January 10 January 20 January 25 January 30 Totals Required information [The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product Units Acquired at Cost 185 units@ $11.00 - $2,035 Units sold at Retail 145 units @ $20.00 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 100 units@ $10.00 - 1,000 125 units @ $20.00 270 units@ $ 9.50 - 555 units 2,565 $5,600 278 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