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[The following information applies to the questions displayed below.] Laker Company reported the following January purchases and sales data for its only product. The Company uses a periodic inventory system. For specific identification, ending inventory consists of 300 units, where 280 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory.

Date		Activities	Units Acquired at Cost								Units sold at Retail
Jan.	1	Beginning inventory	190	units	@	$	7.00	=	$	1,330
Jan.	10	Sales										150	units	@	$	16.00
Jan.	20	Purchase	110	units	@	$	6.00	=		660
Jan.	25	Sales										130	units	@	$	16.00
Jan.	30	Purchase	280	units	@	$	5.50	=		1,540
		Totals	580	units					$	3,530		280	units

Required: 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.