Required information

Use the following information for the Exercises $3-7$ below. $($Algo$)$

$[$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 $210$ units from the January $30$ purchase, $5$ units from the January $20$ purchase, and $30$ units from beginning inventory.

$\backslash$table$[[$Date$,$Activities,Units,Acquired at $C,$Cost,,Units sold,at$,$Retail$],[\backslash$table$[[$January$,1],[$January$,10]],$Beginning inventory,$155$ units,$$8\mathrm{.}00=,,$$$1,240,,,],[$January $20,\backslash$table$[[$Sales$],[$Purchase$]],,,,,115$ units,@$,$$$17\mathrm{.}00$