Required information [The following information applies to the questions displayed belowj Laker Company reported the following January purchases and sales data for its only product. Date Dan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Dan. 25 Sales Jan. 30 Purchase Activities Units sold at Retail 110 units$16.50 90 units $16.50 Units Acquired at Cost 150 units@ 7.50 $.1, 125 520 1,200 80 units @ $6.50 200 units @ $.6.00= Totals 430 units $2,845 200 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 230 units, where 200 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory 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 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