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.

Date			Activities	Units Acquired at Cost								Units sold at Retail
Jan.	1		Beginning inventory	160	units	@	$	8.50	=	$	1,360
Jan.	10		Sales										120	units	@	$	17.50
Jan.	20		Purchase	100	units	@	$	7.50	=		750
Jan.	25		Sales										120	units	@	$	17.50
Jan.	30		Purchase	220	units	@	$	7.00	=		1,540
			Totals	480	units					$	3,650		240	units

The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 240 units, where 220 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory.

Required: 1. Complete comparative income statements for the month of January for Laker Company for the four inventory methods. Assume expenses are $1,450, and that the applicable income tax rate is 40%. (Round your Intermediate calculations to 2 decimal places.)

LAKER COMPANY
Income Statements
For Month Ended January 31
	Specific	Weighted
	Identification	Average	FIFO	LIFO
Sales	$4,200	$4,200	$4,200	$4,200
Cost of goods sold	1,945		1,960	1,940
Gross profit	2,255	4,200	2,240	2,260
Expenses	1,450	1,450	1,450	1,450
Income before taxes	805	2,750	790	810
Income tax expense	322		316	324
Net income	$483	$2,420	$474	$486

I need the weighted average!!!!!