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. The Company uses a periodic inventory system. For specific identification, ending inventory consists of 232 units, where 180 are from the January 30 purchase, 5 are from the Januory 20 purchase, and 47 are from beginning inventory. Exercise 53 (Algo) Periodic: Inventory costing methods LO P1 Wequeret: fifo wal istsite. Required: Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (d) FIFO, and (d) LIFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. equired: etermine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FO, and (d) LIFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO