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. Units sold at Retail 100 units @ $ 15 Date Activities Units Aequired at Cost Jan. 1 Beginning inventory 140 units $6.00 - $ 840 Jan. 10 Sales Jan. 20 Purchase 60 units @ $5.00 - 300 Jan. 25 Sales Jan. 30 Purchase 180 unitse $4.50 - 810 Totals 380 units $1,950 80 units @ $ 15 180 units The Company uses a perpetual Inventory system. For specific identification, ending inventory consists of 200 units, where 180 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 $1,250 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 Cost of goods sold Gross profit Expenses Income before taxes Income tax expense Net income