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 Units Acquired at Cost 200 units @ $12.50 $2,500 Units sold at Retail Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales 160 units $21.50 Jan. 30 Purchase Totals 300 units 630 units 130 units @ $11.50 - 1,495 3,300 $7,295 140 units $21.50 $11.00- 300 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 330 units, where 300 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 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 $1,850 and that the applicable income tax rate is 40%. (Round your Intermediate calculations to 2 decimal places.) www Nout