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! Required information [ The following information applies to the questions displayed below. ] Laker Company reported the following January purchases 'and sales data for

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Laker Company reported the following January purchases 'and sales data for its only product. For specific identification, ending inventory consists of 275 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory.
\table[[Date,Activities,Units,Aca,uired at C,cost,,Units sold,at,etail],[January 1,Beginning inventory,175 units,e,$10.00,$,1,750,,,],[January 10,Sales,,,,,,135 units,e,$19.00
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