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 Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 160 units @ $13.00 = 330 units @ $12.50 = 4,125 705 units Units Acquired at Cost 215 units @ $14.00 = $3,010 2,080 Units sold at Retail 165 units @ $23.00 190 units @ $23.00 $9,215 355 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 350 units, where 330 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. 4 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. nts 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. eBook Hint eferences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. (Round cost per unit to 2 decimal places.) Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Purchase Date Activity Units Unit Cost Units Sold Unit Cost COGS Ending Inventory- Units Cost Per Unit Ending Inventory- Cost Jan. 1 Beginning inventory 215 $ 14.00 4. Required information Specific Identification Available for Sale Cost of Goods Sold Ending Inventory ts Unit Units Purchase Date Activity Units Unit Cost COGS Cost Sold Ending Inventory- Units Cost Per Unit Ending Inventory- Cost eBook Jan. 1 Beginning inventory 215 $ 14.00 Hint Jan. 20 Purchase 160 $13.00 Jan. 30 Purchase 330 $ 12.50 eferences 705 0 $ 0 $ 0 < Required 1 Required 2 > Check my work o 2 decimal