Required information [The following information applies to the questions displayed below.j Laker Company reported the following January purchases and sales data for its only product Date Jan. 1 Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Activities Beginning inventory Units Acquired at Cost Units sold at Retail 225 units $15.00 $ 3,375 175 units $24.00 180 units $14.002,520 350 units $13.504.725 755 units 175 units $24.00 Totals $10,620 350 units Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 405 units, where 350 are from the January 30 purchase, 5 are from the January 20 purchase, and 50 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (a) LIFO. Complete this question by entering your answers in the tabs below Weighted Average Specific Id FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inventory consists of 405 units, where 350 are from the January 30 purchase, 5 are from the January 20 purchase, and 50 are from beginning inventory a) Specific Identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods | # of units Cost per Available for | # of units Cost per unit Cost Ending inventory per unit Invento Cost of # of units sold ry Sale Beginning inventory Purchases: Jan. 20 Jan. 30 Total Specific Id Weighted Average>