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. For specific identification, ending inventory consists of 232 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 47 are from beginning inventory. Date Activities Units Acquired at Cost Units sold at Retail $ January 1 Beginning inventory 156 units @ = $ 936 6.00 January Sales 84 units @ $ 15.00 10 January Purchase 76 units @ 20 $ 5.00 = 380 January Sales 96 units @ $ 15.00 25 January $ Purchase 180 units a = 810 30 4.50 $ Totals 412 units 180 units 2,126 quired: sume the periodic inventory system is used. Determine the cost assigned to ending inventory and to cost of goods sold using specific identification, (b) weighted average, (c) FIFO, and (d) LIFO.